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Views: 98 DOM: 304 Updated: 09.10.24 Posted: 01.23.24 Status: Contract 09.10.24

Summary

Price $700,000
Built/Renov 1965
Tenant CheckSmart
Cap Rate 7.90%
Lease Type Double NN
Guarantor Corporate
Size/SF 4,620
Lease Start 09-01-2019
#Units 131
Price/SF $151.52
Expiration 08-31-2024
Tenant Type Bank/Financial
NOI $55,317
R. Term 0.2
Ownership Fee Simple
Rent/SF $11.97
Increases 10.0%/5/yrs
Pop 5Mi 47,380
Lot/AC 0.52
Options 2/5yrs/10%
AHHI 5Mi $49,271

Lease Highlights

  • CheckSmart has 6 months remaining on the current lease term with 2 (5-year) options to extend
  • Lease features 10% rental increase at the start of each option period
  • This asset is available individually or with a second CheckSmart in Coshocton
  • Corporate guaranteed lease

Location Description

CheckSmart is strategically located at the intersection of National Road and Brookside Ave, directly off Dwight D. Eisenhower Hwy. It is conveniently situated a mere 0.7 mile from Central Ohio Technical College - Coshocton. The vicinity features well-known national tenants including Subway, Big Lots, Pizza Hut, Papa John's, Rent-A-Center, Aaron's, Domino's Pizza, and more. Moreover, it is...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: CheckSmart
  • Guarantor:Corporate
  • Company:CCF Holdings LLC
  • # Units:131
  • Stock:Private

About Tenant

CheckSmart is a financial services company that provides customers with an array of products and services for short-term cash solutions for both individuals and business. The company offers...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 2,361 19,677 46,187
2023 Total Population : 2,433 19,903 46,937
2023 Employed Civilian Pop : 1,057 8,407 21,267
2023 Total Businesses : 149 1,406 2,395
2023 Average Household Income : $ 57,217 $ 56,320 $ 69,982
2023 Total Consumer Spending : $ 60 M $ 461 M $ 1303 M
2023 Median Age : 47 46 47
2023 Total Households : 1,181 9,202 21,127
2023 Pop Age 25+: Bachelor's Degree : 159 1,813 5,315
2023 Average Home Value : $ 100,060 $ 113,663 $ 151,017
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
National Road Walnut Ave 2021 7,125 0.08 mi
National Rd Overbrook Dr 2017 10,548 0.09 mi
Main St National Rd 2002 13,330 0.33 mi
Boydsville Road High St 2021 110 0.33 mi
West St Main St 2013 831 0.38 mi
Boydsville Road National Rd 2021 757 0.41 mi
Pine Street Howard St 2021 628 0.43 mi
Kirkwood Heights Rd Kirkwood Hgts Rd 2018 478 0.55 mi
National Rd Stop 17 Rd 2002 7,700 0.55 mi
Woods Road Brookside Ave 2021 32 0.56 mi

Listing Broker

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