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$1,982,500
Price
Gross
Lease Type
9.50%
Cap Rate
~95
Parking Spaces
$188,316
NOI
 
 

  • Assumptions : -Auditors website shows taxes for 2024 were $23,859.70. Noted that 2.35 acre parcel can be purchased with the plaza and is $1450 in taxes appx. -Tenants take care of HVAC, new roof in 2018, parking lot being sealed this summer -Assuming reassessment at full purchase price, reassessed at 76.37% based on the average reassessment in the area. Effective tax rate is 46.157923. New taxes would jump to $24,460 annually

    FOR MORE DETAILS CONTACT
    Alex Van Krevel
    Executive Managing Director
    (614) 949-3460
    avankrevel@passovgroup.com
    Austin Knisley
    Senior Associate
    (614) 562-2138
    aknisley@passovgroup.com
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