Property Description
Nice 7.75% CAP Rate in a solid Commercial Investment in Maumee. Tenant is in 3rd yr. of a 5 yr. lease that runs through 4/1/2028. Current base rent is $9,300 per year, then bumps to $9,600 per yr. for last 2 yrs, beginning in 2026. Two 5 yr options to renew w/ CPI increase. TENANT RESPONSIBILITIES; RE taxes (Tenant reimburses landlord),property Insurance, all utilities, security, trash, janitorial & Common Area Maintenance. LANDLORD RESPONSIBILITIES; RE Tax payments (reimbursed by Tenant), foundation, ext. walls,glass,windows,doors,HVAC system,general elect. system,plumbing, ext.paint & roof.
Features
: Electric, Forcedair, Naturalgas
: Centralair
: Fourormorespaces, Parkingspaces, Parkinglot
: Sanitary, Stormsewer
Address Map
Sophia
530
0
W84° 20' 46.2''
N41° 33' 46.2''
Between Illinois & Kingsbury
Additional Information
Miller Diversified Realty, LLC
David M. Kerscher
0
: Other
: Shingle, Asphalt
Public
: Masonry
1
3611821
Sellersdisclosurenotavailable
530 Sophia
Maumee, Ohio 43537
0 Bedrooms
0 Bathrooms
0 Sqft
$120,000
Listing ID #6125067
Basic Details
Listing Type : Active
Property Type : Commercialsale
Property Sub Type : Business
Listing ID : 6125067
Price : $120,000
MLS Status : Active
Bedrooms : 0
Rooms : 0
Bathrooms : 0
Half Bathrooms : 0
Square Footage : 0 Sqft
Year Built : 1951
Lot Area : 0 Sqft
Lease Price : $0
Days On Market : 77