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Springfield, OH 45505
Fifth Third Bank Ground Lease
Property Address
20 South Tuttle Road, Springfield, OH 45505, USA
Offering Summary
Price:
$1,118,048
Lot Size:
1.153 Acres
Cap Rate:
6.25%
Year Built:
2006
Building SF:
6,141
Status:
In Escrow
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Absolute NNN Ground Lease - New 5 Year Extension, Showing Commitment to the Site
5% Rental Increases Every 5 Years with Multiple Renewal Options
Outparcel to Walmart Supercenter
Adjacent to ±1,500 New Single-Family and Multi-Family Homes in Development
Easily Accessible Location 3 Miles Off Interstate 70 and Along East National Road, Providing Direct Access into Downtown Springfield
73,195 Residents within a 5-Mile Radius
Minutes from Buck Creek State Park, a Tourist Destination Featuring a 2,120-Acre Lake
Down the Road from the Prime Ohio Corporate Park, Home to Distribution Centers for ALDI, Gordon Food Service, and Dole Foods
Broker Information
Zack House
Agent
Phone Number:
602.687.6650
zhouse@marcusmillichap.com
Alex Frankel
Agent
Phone Number:
614.360.9061
alex.frankel@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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