423 Adair Avenue, Zanesville, OH, USA

Zanesville, Ohio

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Total Square Feet

3,941

Total Acreage

0.82

Asking Price

$1,244,092

3.5 Years remaining on a NN+ lease with two 5-year options to extend. Initial term and option periods include +10% rental increases every five years, increasing cash flow and hedging against inflation
The NN+ lease provides an attractive investment opportunity for investors looking for assets with minimal management
The lease includes rare reimbursements, in addition to base rent, for both parking lot and roof repair reserves, as well as a 10% admin fee on all expense reimbursements, providing owners the ability to recapture reasonable capital expenses
Corporate lease with Affordable Care, LLC, America’s leading consumer retail healthcare company exclusively focused on tooth replacement solutions, and serving affiliated dentists
Renovations included a full buildout, a new roof, and a new parking lot, reducing the likelihood of large capital expenses being required in the near future