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4125 West Pike, Zanesville, OH 43701

$1,535,000
Property Type: Commercial Square Footage: 9,400 Lot Size (sq. ft.): 77,972 Status: Closed
Current Price: $1,535,000 List Date: 2/01/2022 Last Modified: 5/03/2022

Description

Absolute NNN Lease Dollar General w/ 9.8 years remaining of 15-year lease (Lease Expiration 11/30/2031). Current lease includes 3 option periods with 10% increase at the end of the current lease term. All operating costs paid by Corporate backed Tenant: Insurance, Parking Lot Maintenance, Property Taxes, Roof and Structure, & HVAC. Annual Rental Income of $85,248 with little to no management required by Landlord. Zanesville is situated 52 Miles from Columbus, OH, the most populous city in the state & the 14th-most populous City in the United States. The store location features an attractive 5 Mile radius population & healthy traffic counts. As of January 2021, Dollar General has 17,000+ stores in 46 states and over 164,000 Employees.

Supplements: ********

More Information MLS# 222002919

Location Property Info

Original List Price: 1550000 Sold Price: $1,535,000 Sub-Type: Retail Street #: 4125 Street Name: West Street Suffix: Pike County: Muskingum State: OH Zip Code: 43701 Township: Falls

OfficeContract Info

Status: Closed MLS Entry Date: 2022-02-01

General Property Info

Previous Use: Retail (DG) Total SqFt Available: 9400 Bldg Sq Ft: 9400 Max Cont Sqft Avail: 9400 Minimum Sqft Avail: 9400 Occupancy Rate: 100 Number of Units: 1 # of Floors Above Gr: 1 Year Built: 2016 Use Code: 429 - OTHER RETAIL STRUCTURES Acreage: 1.79

Tax Info

Parcel #: 17-82-02-39-003 Mult Parcels/Sch Dis: No Tax Year: 2020 Tax Abatement: No Taxes (Yrly): 9994

Status Change Info

Under Contract Date: 2022-03-03 Sold Date: 2022-04-29 Sold Price: $1,535,000 Sold Price/SqFt: 163.3

Auction Info

Auction/Online Bidding Y/N: No

Sale Info

Seller Assisted Fin: N Seller/Buyer Concessions: N

Property Features

Addl Acceptance Cond: None Known T Contracts Directly: All Construction: Frame; Masonry Mult Use: Retail New Financing: Conventional MLS Primary PhotoSrc: Realtor Provided
Listing Office: New Albany Realty, LTD
Listing Agent: Robert Riddle
Last Updated: May - 03 - 2022
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