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Marathon

143 West Tully Street, Convoy, OH, USA
$1,648,325 6.75% Cap 1,800 sq ft Representative Photo Print This Page

Location

143 West Tully Street, Convoy, OH, USA

Price: $1,648,325
Cap Rate: 6.75%
Net Operating Income: $111,261.93
Square Footage: 1,800
Lot Size: 0.19 AC

100% Fee Simple InterestAbsolute NNN LeaseAnnual IncreasesCorporate GuaranteeStrong and Experienced OperatorZero Landlord Obligations

This is an absolute net leased C-Store offering in Convoy, OH. This Marathon Petroleum branded station has a new 20 year absolute NNN lease and calls for 1.75% annual increases in rent. The lease is corporately guaranteed by a leading 462-unit operator.

Convoy is a village in Van Wert County, Ohio, United States. The population was 1,085 at the 2010 census. It is included in the Van Wert, Ohio Micropolitan Statistical Area.

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    Jeff Gates Director View profile

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