Luxury apartment with rooftop deck. Office/retail space. 4-5 off street parking spaces. Great visibility, access. Close to Children' s and Grant Hospital. Proximity to German Village and CBD amenities. Great opportunity for owner/user to live/work.
OFFERED WITH A PUBLISHED RESERVE PRICE OF $650,000. Bid Submission Deadline: December 1, 2015 by 4:00 PM LIVE AUCTION for Qualified Bidders: December 9, 2015 at 10:00 AM An approximately 61,500+ SF Retail/Office with 8.95 acres for additional development. Built in 2007-2008, the Orleans Building is a key component of the successful and attractive Levis Commons Lifestyle Center. Current tenants include: Fat Fish Blue Comedy Club, Nagoya Restaurant, WTOL TV, and more. Business Opportunity: Incredible opportunity to add value and continue to develop. Current Scheduled Gross Income over $500,000 annually at 50% occupancy. Projected annual Gross Income of 100% occupancy is $1,204,000. New 80,000 SF construction on the additional land would yield $1,600,000 in projected annual Gross Income for a total of $2,804,000 in projected annual Gross Income. Please see Rent Roll and Income/Expense information in the Due Diligence materials for details.
The subject property is a single-tenant freestanding Applebee' s restaurant in Sidney, OH, which is part of the Dayton MSA. The lease is 20-years (approximately 18 years remaining), absolute net with 10% rent escalations every five years during the primary term and throughout the four, five-year renewal options. The lease is backed by a guarantee from RMH Franchise Holdings, Inc., which operates 173 Applebee' s locations across 15 states and employs more than 10,000+ employees.
Price Upon Req.161,631 SF
HFF, as exclusive marketing advisor, is pleased to present the opportunity to acquire Shiloh Springs Plaza (hereafter, the "Property," "Project," "Shiloh Springs Plaza"), a multi-tenant retail building totaling 161,631 square feet located at 5009 Salem Ave in Trotwood, Ohio. The Property is currently 54.46% occupied by a diversified tenant mix ranging in size from 44,650 SF to 2,000 SF across 9 unique tenants including PNC Bank, Big Lots and Shoe Carnival. Tenants have significant term remaining on their leases, allowing an investor to realize stable cash flow from a well maintained NNN asset in an established retail trade area with high traffic and a track record of retail success. Salem Plaza is located just east of I-49 at the north corner of Salem Ave and Den linger Rd, approximately 7.0 miles northwest of downtown Dayton.** This seller is offering similar assets in this same auction event that you may be interested in. Please go to the following links for more information and to register. **1. Salem Plaza - 5114-5120 Salem Ave, Dayton, OH 454262. Indian Ridge Plaza - 5802 Grape Rd, Suite A, Mishawaka, IN 465453. Griffith Plaza - 430 West Ridge Rd, Griffith, IN 46319
Price Upon Req.141,616 SF
HFF, as exclusive marketing advisor, is pleased to present the opportunity to acquire Salem Plaza (hereafter, the "Property," "Project," "Salem Plaza"), a multi-tenant retail building totaling 141,616 square feet located at 5120 Salem Avenue in Dayton, Ohio. The Property is currently 80.37% occupied by two national and publically traded tenants: Dollar General Corp. (NYSE: DG) and Burlington Coat Factory (NYSE: BURL). Both tenants have significant term remaining on their leases, allowing an investor to realize stable cash flow from a well maintained NNN asset in an established retail trade area with high traffic and a track record of retail success. Salem Plaza is located just east of I-49 at the west corner of Salem Ave and Denlinger Rd, approximately 7.2 miles northwest of downtown Dayton.** This seller is offering similar assets in this same auction event that you may be interested in. Please go to the following links for more information and to register. **1. Shiloh Springs - 5009 Salem Ave, Dayton, OH 454262. Indian Ridge Plaza - 5802 Grape Rd, Suite A, Mishawaka, IN 465453. Griffith Plaza - 430 West Ridge Rd, Griffith, IN 46319
Price Upon Req.25,189 SF
Marketing DescriptionAuction.com and LoFaso Real Estate are pleased to present the opportunity to acquire 192 East Wallings Road. The subject consists of three structures. The main building (8111-41 Broadview Rd.) contains 6 storefronts and 4 second floor offices. The 192 Wallings Road building has one storefront and rear garage and 3 second floor offices. The rear building (190 Wallings Rd.) is a garage structure containing 4 separate units. The gross building area is 25,189 SF and the improvements were constructed in 1963, 1976 and 1986. The land area is 1.22 acres.
Strong Corporate Guarantee S&P Credit Rating BBB Extremely High Store Sales Over $36.7 Million in 2014 ($475.67 PSF) Consistent Sales Growth Store has Increased Sales Every Year Since Opening and Up by Nearly 50% Since 2007 Healthy Rent to Sales Ratio Below 2% Long Term Secure Income Stream 11 Years Remaining on Primary Term NNN Lease Minimal Landlord Responsibilities Seller Will Agree to Manage Common Area Eliminating Management Responsibility by Buyer Newly Constructed Building Built in 2006 Providing Minimal to No Deferred Maintenance
3,113 sf building with parking in both front and back. Property has retail, office and apartment space. Excellent access and visibility. Retail and apartment space are occupied.
Tractor Supply is a 63,484-square foot net leased property, built in 1969. It is located at 1415 Wagner Avenue in Greenville, Ohio, at the prime intersection of Wagner Avenue and Russ Road, which conveniently serves all local traffic as well as regional traffic via State Routes 127 and 121. It is located within, but is not under the same ownership as the North Towne Plaza. The Plaza was originally constructed in 1986 and has seen numerous expansions and a recent major façade renovation in order to facilitate the success of its core tenants which include: Walmart Supercenter, Dollar Tree, and Goody's. National retailers and restaurants round out this center' s tenant mix to make it a favorite for shoppers living in the entire Darke County area. Some other nearby Tenants includes Lowes, Kroger, and Big Kmart.
JD Equipment was incorporated in 1982 in Plain City, OH and has since grown to 8 locations throughout Central Ohio. The company can be compared to an automotive dealership as they sell new and used equipment, accept trade-ins, and sell parts and service work. Agricultural equipment is the dominant sales sector for JD Equipment, who sells new John Deere equipment in 26 counties in Ohio and has no restrictions on where they sell used equipment. In addition to John Deere products JD Equipment sells items produced by a number of manufacturers including Honda generators and Stihl hand held equipment. JD Equipments total sales in 2014 surpassed the $257MM mark. The property is encumbered by a 20-year absolute net lease that has a 10% increase in year 11 and 10% increases in both of the two 10-year options. The tenant bought 9 acres to expand in 2006 and also built a new garage in 2010. The rent-to-sales ratio at the Wilmington location is an extremely healthy 1.26%, suggesting a long run for the tenant in this store.