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Ground-Leased Bank Building
For Sale
Contact for pricing

1011 W MAIN ST, Troy, OH 45373

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

Property SizeContact for details
Days on Market100

Property Features for 1011 W MAIN ST

General Information

Standard status Active
Property subtype Retail, Office
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $76,340

Additional Details

Cap Rate 6%

Building Details

Year Built 1983
Stories 1
Units 1
Tenancy Single
Listing Agency: Atlantic Capital Partners
Listed By: David Hoppe · License #NC 288268
Source: Crexi
Added: May 29 Changed: Aug 25 Last Checked: Sep 4 at 5:03AM

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

Current Use

Chase Bank Bank Chase Mortgage Loan Service Chase ATM Atm

Suggested Use

Top Pick Big Box & Wholesale Store Building Supply Parking Lot & Garage Computer & Electronic Repair Electrical Service Dental Office

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

780
Businesses Nearby
57k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 61% Shops & Services 39%
Tim Hortons Dining
11,499 visits/mo 0.3 miles
Wendy's Dining
11,354 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
6,862 visits/mo 0.2 miles
Arby's Dining
6,292 visits/mo 0.1 miles
Chase Bank Shops & Services
4,899 visits/mo 0.1 miles

Demographics for 45373, OH

36,863
Population
15,691
Households
2.3
Avg Household Size
41
Median Age
33%
College-Educated
93%
High-School Grad
87.7 sq mi
ZIP Area
420
Density / Sq Mi
$78,278
Median Household Income
$47,859
Median Earnings
$933
Median Rent
$234,400
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

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
(704) 375-7771 Call to check price and availability
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