Starbucks – Fairfield
Property Type: Retail | Property Status: Sold
Property Details
Price: $1,729,000
CAP Rate:
Square Feet:
Tenancy Type: National
Lease Type: NNN
Location Info
Address: 6795 Dixie Highway
City: Fairfield
State: OH
Zip: 45014
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of the single-tenant, net-leased, Starbucks located in Fairfield, Ohio. The property is brand-new 2017 construction with ten years of initial lease term.
Details
Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the sellers, whom Cooper has worked with on past transactions. The buyer out of Michigan purchased the asset for approximately 98% of list price. The property sold for $1,729,000, representing a 5.25% CAP Rate and over $823/S.F. 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, “Like” them on Facebook and follow them on Twitter @TheCooperGrp.