Current Inventory

Verizon

61530 Southgate Road, Cambridge, OH, 43725

» Full Offering Memorandum

Details

For sale to qualified investors is the 100% fee-simple interest in the For sale to qualified investors is the 100% fee-simple interest in the STNL Verizon located just off Interstate 70 in Cambridge, Ohio. Verizon has roughly 3 years of guaranteed base term remaining plus one 5-year option. This investment is being offered at an attractive 8.5% cap rate with a corresponding price of $911,176. The passive nature of this lease combined with the strong franchisee operator make this an ideal 1031 replacement property or acquisition for an investor desiring a passive real estate investment at above market rates. The property is located off of heavily-trafficked Interstate 70 (41,598 VPD) within only a mile of Interstate 77. Due to this regional location (and county seat), this shopping area caters to shoppers from miles and miles in all directions. The property is shadow anchored by Walmart & Rural King (Rural King coming 2019) and is surrounded by national retailers including Walmart Supercenter, Buffalo Wild Wings, Arby’s, Aldi, Taco Bell, Bob Evans, Tractor Supply, KFC, Ruby Tuesday, McDonald’s, Denny’s, Dollar General, Big Lots, Family Dollar, Wendy’s, Tim Hortons, AutoZone and many others.

Location

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