Matthews Logo

Navigation Menu

2901 Liberty Ave, Vermilion, OH, 44089

VERMILION FARM MARKET
$2,250,000

Photos

Highlights

INVESTMENT HIGHLIGHTS

  • LONG-TERM LEASE: Secure stability with a lease structure designed for sustained growth.
  • ABSOLUTE NNN LEASE: Enjoy a hassle-free investment with no landlord responsibilities, ensuring a passive income stream.
  • ANNUAL RENT INCREASES: Benefit from predictable cash flow with built-in annual rent escalations that enhance long-term returns.
  • PRIME LOCATION: Strategically situated adjacent to a new housing development of 700 homes, offering potential for increased foot traffic and demand.
  • HIGH AVERAGE HOUSEHOLD INCOME: Located in a thriving area with an average household income of $92,484 within a 5-mile radius, indicating strong purchasing power and market viability.

Location

Agents

Broker of Record

Matt Wallace

License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113

Key Information

Cap Rate
8%
Tot. SF
25,000
Year Built
1995
Term Remaining
±20 YEARS
Type
Retail
NOI
$180,000