Wright-Patt Credit Union
Property Type: Retail | Property Status: Sold
Property Details
Price: $2,290,000
CAP Rate:
Square Feet:
Tenancy Type: Regional
Lease Type: Absolute NNN
Location Info
Address: 6523 East Main Street
City: Reynoldburg
State: OH
Zip: 43068
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the brand-new Absolute NNN, Wright-Patt Credit Union Ground Lease, in the desirable community of Reynoldsburg, a suburb of Columbus, Ohio. Wright-Patt is the leading credit union in Ohio and is ranked in the Top 50 in the Country. The building was still in the middle of construction at the time of closing.
Details
Bob Havasi and Dan Cooper of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the Seller, a private developer out of Ohio. The private New York buyer purchased the property for $2,290,000, representing a 5.46% CAP Rate or $811/S.F., representing the lowest CAP Rate and highest price per foot on record for a Wright-Patt Credit Union. The Cooper Commercial Investment Group looks forward to working with parties interested in selling or looking to acquire other similar commercial assets and encourages you to contact them for a no obligation, evaluation of your commercial property. Visit them on line at www.CooperGrp.com for the most up-to-date listings and information, stay connected by, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.