1256 West High Ave, New Philadelphia OH 44663 Photo 1 1256 West High Ave, New Philadelphia OH 44663 Photo 2 1256 West High Ave, New Philadelphia OH 44663 Photo 3

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1256 West High Ave - DO NOT approach employees. $400,000 corporate buildout 2015, 6 year remaining w/2-5 year renewals with 5% increases, NNN corporate backed lease with zero landlord responsibilities, highway visibility sign with 30,000 plus CPD, cap rate 5.23%, base rent is $3,355.64 per month, supplemental rent is paid March each year based @ 3.75% of any sales that exceed $1,150,000, 2017 supplemental was $6,000.00, total income for 2017 was $48,200.00, Dennys is required to report all gross sales to our company on a monthly bases.

Listing information

  • MLS® ID: 3899561
  • Status: Active
  • New Construction: No
  • Estimated Annual Taxes: $8,503
  • Style: Retail / Hospitality / Service
  • Stories: 0
  • Foreclosure: No
  • County: Tuscarawas
  • Year Built: 1965
  • Parking Type Description: None 0 cars
  • Lot Area: 0.84

Features

Assessments Y/N No
Homestead Exemption Y/N No
Other Lot Size Depth - 242, Lot Size Frontage - 150
Possession Time of Transfer
Property Subtype Retail
Listing Courtesy of Howard Hanna