702 E Main St
702 E Main St, Delta, OH
For Sale
Retail
Street Retail
$785,000
Price
14,016 sqft
Building Size
0.91 acres
Lot Area
Overview
Building Size
14,016 sqft
Lot Area
0.91 acres
Year Built
1945
Floors
1
Description
Strong, profitable, long-term grocery store tenant (Community Markets)
Delta is a village in Fulton County, Ohio, United States. The population was 3,103 at the 2010 census.
Gas forced air
Highlights
- Strong, profitable, long-term grocery store tenant (Community Markets).
- Tenant recently signed its fourth 5-year renewal. Three and a half years left on the lease.
- Lease guaranteed by strong regional grocery store operator, Fresh Enounters, Inc. operates 50 stores, under various names including Community Markets, Great Scot, Remake's Markets, and Needles Fresh Market.
- Owner/landlord gets an additional percentage rental income, specifically 1% over $3 million capped at $4 million. Tenant has exceeded $4 million in 18 of the last 20 years.
- Walk-in coolers in the back room of the store owned by landlord and included in offering.