423 W Perkins Ave Sandusky, OH 44870
Retail store with equipment, fixtures, and real estate for sale.
- Added:
- Aug 27, 2025
- Days on Market:
- 319
- Last Refresh:
- May 22 at 6:52 pm
Property Features for 423 W Perkins Ave
General Information
- Standard status
- Active
- Size
- 2,200 SF
Listing office RE/MAX Quality Realty - Norwalk (419) 515-1011
Listing date Aug 27, 2025
Source Exprealty
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 RE/MAX Quality Realty - Norwalk
Investment Insights
Based on property information with market context.
Key Highlights
- Includes Equipment, Fixtures, Furniture, Coolers, Freezers, and Signage.
- Real Estate included in the sale.
- Over 2200 Square feet Masonry Building.
Local Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $59.4k | $27.00 |
| − Vacancy | −$2.5k | −$1.13 |
| EGI | $56.9k | $25.87 |
| − OpEx | −$17.1k | −$7.76 |
| NOI | $39.8k | $18.11 |
