Ashley HomeStore Showroom with NNN
5500 Milan Rd Suite 400, Sandusky, OH 44870
For Sale
Contact for pricing
The single-tenant property is occupied by Ashley HomeStore under an absolute NNN lease with no landlord responsibilities.
Property Size29,332 SF
Lot Size4.28 Acres
Price / SF$97.52
Days on Market27
Property Features for 5500 Milan Rd Suite 400
General Information
Standard status
Size
Lot size
Property subtype
Additional Details
Traffic Count
Tenant in Place
Building Details
Year Built
Buildings
Tenancy
Listing Agency:
Cushman & Wakefield - Phoenix, Arizona
Listed By:
Chris Hollenbeck · License #SA584876000
(602) 538-7155
Source:
Crexi
Added: Oct 14
Changed: Nov 8
Last Checked: Nov 8 at 3:53PM
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 Cushman & Wakefield - Phoenix, Arizona
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Investment Insights
Based on property information with market context.
This 29,332-square-foot furniture showroom was built in 1991 and occupies 4.28 acres. Ashley HomeStore has operated at the property since March 31, 2022. The absolute NNN lease is guaranteed by Dufresne Spencer Group Holdings, LLC and runs through March 31, 2034, with four five-year renewal options. Annual rent adjustments begin April 1, 2027, based on the lesser of 1.375% or 1.25 times CPI, and continue annually thereafter.
At 5500 Milan Road in Sandusky, the property sits along a retail corridor carrying approximately 34,487 vehicles per day. Nearby national retailers include Target, Walmart Supercenter, Lowe’s, and Best Buy. The five-mile trade area has approximately 40,077 residents, with average household income of approximately $87,707.
At 5500 Milan Road in Sandusky, the property sits along a retail corridor carrying approximately 34,487 vehicles per day. Nearby national retailers include Target, Walmart Supercenter, Lowe’s, and Best Buy. The five-mile trade area has approximately 40,077 residents, with average household income of approximately $87,707.
Key Highlights
- 29,332‑square‑foot showroom on 4.28 acres
- Absolute NNN lease guaranteed by Dufresne Spencer Group Holdings, LLC
- Lease runs through March 31, 2034, with four five‑year renewal options
Property Analytics
Current Use
Lease Details
34,487 VPD
Traffic count
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
249
Businesses Nearby
142k
Monthly Visits Nearby
Balanced
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Superstores 68%
Shops & Services 22%
Dining 5%
Hotels & Casinos 4%
Walmart
Superstores
96,813 visits/mo
0.4 miles
Speedway
Shops & Services
19,630 visits/mo
0.0 miles
Shell
Shops & Services
11,787 visits/mo
0.3 miles
SONIC Drive In
Dining
7,477 visits/mo
0.3 miles
Comfort Inn Sandusky
Hotels & Casinos
1,606 visits/mo
0.1 miles
Demographics for 44870, OH
40,416
Population
19,991
Households
2
Avg Household Size
43
Median Age
25%
College-Educated
90%
High-School Grad
60.7 sq mi
ZIP Area
666
Density / Sq Mi
$58,797
Median Household Income
$36,056
Median Earnings
$863
Median Rent
$148,600
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Lowe's Home Improvement — 5500 Milan Rd Space 304, Sandusky, OH 44870
Frequently Asked Questions
What type of property is this?
Showroom - The single-tenant property is occupied by Ashley HomeStore under an absolute NNN lease with no landlord responsibilities.
Where is this showroom located?
The property is located at 5500 Milan Rd Suite 400 Sandusky, OH.
What is the asking price?
The asking price for this property is $2,860,517.
What are key features of this property?
This property features: 29,332‑square‑foot showroom on 4.28 acres; Absolute NNN lease guaranteed by Dufresne Spencer Group Holdings, LLC; Lease runs through March 31, 2034, with four five‑year renewal options
