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Furniture Retail NNN Property
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4151 Woodville Rd, Northwood, OH 43619

Furniture-focused retail asset subject to a long-term absolute NNN lease with scheduled annual rent increases.

Property SizeContact for details
Days on Market143

Property Features for 4151 Woodville Rd

General Information

Standard status Active
Property subtype Retail

Financials

Asking Price $1,250,000
Cap Rate 8%
Listing Agency: Colliers - Columbus, Ohio
Listed By: Brent Chaney · License #OH2022000742
Source: Crexi
Added: Apr 12 Changed: Aug 31 Last Checked: Aug 30 at 10:38AM

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 Colliers - Columbus, Ohio

Investment Insights

Based on property information with market context.

This furniture retail property is offered with an absolute NNN lease structure and a remaining lease term of 7 years. The agreement provides for annual rent increases, creating defined contractual changes to rent over the lease period.

Located at 4151 Woodville Rd in Northwood, Ohio, the property combines a retail-oriented use with an investment structure designed around tenant responsibility for operating expenses. The reported 8% cap rate provides an additional financial metric for evaluating the offering.

Key Highlights

  • Absolute NNN lease with 7‑year term
  • Annual rent increases built into the lease
  • 8% cap rate

Property Analytics

Current Use

Strip malls

Suggested Use

Top Pick Real Estate Agency Electrical Service Building Supply (Bike/Boat/Book/etc) Store Locksmith Garden Center

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

182
Businesses Nearby
46k
Monthly Visits Nearby

Foot Traffic Nearby

Dining 51% Shops & Services 49%
Circle K Shops & Services
18,323 visits/mo 0.5 miles
Burger King Dining
15,201 visits/mo 0.2 miles
Bob Evans Restaurant Dining
8,499 visits/mo 0.3 miles
Shell Shops & Services
3,089 visits/mo 0.2 miles
Enterprise Rent-A-Car Shops & Services
1,099 visits/mo 0.3 miles

Demographics for 43619, OH

7,454
Population
3,191
Households
2.3
Avg Household Size
42
Median Age
30%
College-Educated
90%
High-School Grad
11.6 sq mi
ZIP Area
643
Density / Sq Mi
$75,883
Median Household Income
$43,952
Median Earnings
$916
Median Rent
$171,900
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?
NNN property - Furniture-focused retail asset subject to a long-term absolute NNN lease with scheduled annual rent increases.
Where is this nnn property located?
The property is located at 4151 Woodville Rd Northwood, OH.
What are key features of this property?
This property features: Absolute NNN lease with 7‑year term; Annual rent increases built into the lease; 8% cap rate
(614) 436-9800 Call to check price and availability
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