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1133 Bellefontaine Ave
Lima, OH 45804

$1,090,000 USD

Freestanding For Sale  •  7,000 SF

Property Details

  • Property Type Freestanding
  • Total Building Size 7,000 SF
  • Lot Size 0.7 AC
  • Building Class C
  • Year Built 1997
  • Tenancy Single
  • Zoning Commerical
20 Transit Score
61 Walk Score

Highlights

Advance Auto Parts Double-Net Lease with 5.75 Years Remaining in Lima, OH
Demonstrated Commitment to via 2021 Lease Extension; Extended 4 Years Early for Additional 5-Year Term in Exchange for 5% Rent Reduction
In-Place Since 1997 – 28 Years of Tenancy with History of Renewals/Extensions
Low Rent of $11.67/SF and Low Price/SF of $156
Reported Sales of $1.26 Million (CY 2023) – Low Rent-to-Sales Ratio of 6.5%
Hard Corner Site; Situated Along Bellefontaine Avenue with 12,095 VPD
Scott Wiles 216-264-2000 Marcus & Millichap
Scott Wiles 216-264-2000 Marcus & Millichap