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2901 Liberty Ave Vermilion, OH 44089

For Sale
$2,250,000

NNN lease property adjacent to a 700-home development.

Property size:
25,000 SF
Lot size:
2.62 Acres

Property Features for 2901 Liberty Ave

General Information

Size
25,000 SF
Lot size
2.62 Acres

Source: Matthews Real Estate Investment Services | Dallas Agent Roman Stuart

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Retail Property Near New Development

This retail property offers a long-term lease designed for sustained growth. The absolute NNN lease structure provides a hassle-free investment with no landlord responsibilities, ensuring a passive income stream. Benefit from predictable cash flow with built-in annual rent escalations that enhance long-term returns. The property is strategically situated adjacent to a new housing development of 700 homes, offering potential for increased foot traffic and demand. It is located in a thriving area with an average household income of $92,484 within a 5-mile radius, indicating strong purchasing power and market viability. The property has a size of 25000 square feet.
Insight Report Location Intelligence

Current Use by Public Records

Vermilion Farm Market Grocery Store

Suggested Use

Restaurant Building Supply Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Nail Salon Hotel & Motel Auto Parts Store Department Store

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

Location Insight

  • Map
  • Local Demand
City
Vermilion
County
Erie
State
Ohio
Longitude
-82.3034194
Latitude
41.4248048

FAQs

What type of property is this?
Retail space - NNN lease property adjacent to a 700-home development.
Where is this retail space located?
The property is located at 2901 Liberty Ave Vermilion, OH.
What is the asking price?
The asking price for this property is $2,250,000.
What are key features of this property?
This property features: - PRIME LOCATION: Adjacent to a new 700-home development.; - HIGH AVERAGE HOUSEHOLD INCOME: Located in an area with a $92,484 average household income within a 5-mile radius.; - ABSOLUTE NNN LEASE: A hassle-free investment with no landlord responsibilities.
More about this property
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