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9765 Basil Western Road Canal Winchester, OH 43110
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Key Details
Sold Price $705,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 8,000 sqft
Price per Sqft $88
MLS Listing ID 211005115
Sold Date 02/14/12
Originating Board Columbus and Central Ohio Regional MLS
Year Built 2000
Lot Size 0.910 Acres
Lot Dimensions 0.91
Property Description
Single Tenant 10-Year Net Lease to Kinetico Water thru 10/31/2020; 8.75% Starting Cap Rate; increases to 9.23% on 11/2012; then to 9.66% on 11/2015 for remaining 5 years; Landlord only responsible for roof, structural walls, parking lot. Corporate Lease. Parent Co is $2.6B corp. Stable solid investment opportunity
Location
State OH
County Fairfield
Area 0.91
Zoning M2
Rooms
Dining Room No
Interior
Equipment No
Others
Tax ID 0370211926
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