702 E Main St

702 E Main St, Delta, OH

$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.
Documents

Location
Gallery