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    150 N Bechtle Ave Springfield, OH 45504

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    For Sale
    $1,583,333

    Long-term NNN lease with attractive annual rental increases.

    Property size:
    1,415 SF
    Lot size:
    0.39 Acres

    Property Features for 150 N Bechtle Ave

    General Information

    Size
    1,415 SF
    Lot size
    0.39 Acres

    Source: NNN Pro Group Agent Glen Kunofsky

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

    Overview

    NNN Investment Opportunity in Springfield

    This investment property features a brand new 20-year absolute triple net (NNN) lease, commencing at the close of escrow, with zero landlord responsibilities. The lease is subject to a strong corporate guarantee from Drive Funding Holdco, LLC, which has over 3,500 units. The property also features annual 1.50% rental increases, providing a hedge against inflation. The property is located at 150 N Bechtle Ave, Springfield, OH and has a property size of 1,415 square feet.
    Insight Report Location Intelligence

    Current Use by Public Records

    North & Bechtle Car ... Car Wash

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Pharmacy

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.8331169
    Latitude
    39.9282302

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    FAQs

    What type of property is this?
    Car wash - Long-term NNN lease with attractive annual rental increases.
    Where is this car wash located?
    The property is located at 150 N Bechtle Ave Springfield, OH.
    What is the asking price?
    The asking price for this property is $1,583,333.
    What are key features of this property?
    This property features: - Long-Term 20-Year NNN Lease with Zero Landlord Responsibilities; - Strong Corporate Guarantee from Drive Funding Holdco, LLC (3,500+ Units); - Absolute Triple Net (NNN) Lease
    (332) 345-2408
    Request Owner's contact information
    150 N Bechtle Ave Springfield, OH 45504
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    Springfield, OH 45504
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    150 N Bechtle Ave Springfield, OH 45504
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