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Ground-Leased Bank Building

1011 W MAIN ST Troy, OH 45373

1011 W MAIN ST, Troy, OH, 45373
Contact for pricing
For Sale
Contact for pricing

For sale with a corporate ground lease, offering a stated 6% cap rate for qualified investors.

Days on Market54

Property Features for 1011 W MAIN ST

General Information

Standard status
Active
Property subtype
Retail, Office

Building Details

Year Built
1983
Listing agency Atlantic Capital Partners
Listed by Eric Suffoletto · License #MA 9577141
Source Crexi
Added: May 29 Updated: Jul 10 at 3:59PM Checked: Jul 17 at 10:25AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Atlantic Capital Partners


Investment Insights

Based on property information with market context.

This property is a bank building offered for sale under a corporate ground lease structure. The listing is presented with a stated 6% cap rate, which may be of interest to investors evaluating long-term lease-backed cash flow.

The transaction is specifically marketed as a corporate ground lease. No additional building details, unit breakdown, or tenant information were provided in the available materials.

For buyers seeking a ground-lease investment where the lease arrangement is centered on a corporate tenant, this asset aligns with that strategy. The presence of a stated cap rate makes it easier to underwrite against the terms as presented, while the bank building classification may appeal to those looking for commercial real estate within that asset category. As always, prospective purchasers should review the lease documents and any associated offering materials to confirm the terms, responsibilities, and conditions behind the quoted cap rate.

Key Highlights

  • For sale with a corporate ground lease
  • Stated 6% cap rate for qualified investors
  • Year built: 1983

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Chase Bank Bank Chase Mortgage Loan Service Chase ATM Atm

Suggested Use

Big Box & Wholesale Store Building Supply Parking Lot & Garage Computer & Electronic Repair Electrical Service Dental Office (Bike/Boat/Book/etc) Store Catering Service Pet Grooming Service HVAC Service

Zoning and permitted uses should be independently verified with local authorities.

FAQs

What type of property is this?
Bank - For sale with a corporate ground lease, offering a stated 6% cap rate for qualified investors.
Where is this bank located?
The property is located at 1011 W MAIN ST Troy, OH.
What is the asking price?
The asking price for this property is $1,272,333.
What are key features of this property?
This property features: For sale with a corporate ground lease; Stated 6% cap rate for qualified investors; Year built: 1983
Contact an agent
(704) 375-7771 Call to check price and availability
More about this property
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