Wellsville, OH NNN Retail
556 Main St Wellsville, OH
For Sale
Contact for pricing
Long-term NNN lease with annual rental increases and renewal options.
Property Size2,266 SF
Lot Size0.14 Acres
Price / SF$358.56
Days on Market715
Property Features for 556 Main St
General Information
Standard status
Active
Size
2,266 SF
Lot size
0.14 Acres
Property subtype
RETAIL
Listing Agency:
NNN Pro Group
(332) 345-4222
Listed By:
Glen Kunofsky · License #49KU1129178
Source:
Moodyscre
Added: Aug 14, 2024
Changed: Jul 6
Last Checked: Jul 21 at 5:19AM
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 NNN Pro Group
Investment Insights
Based on property information with market context.
This property features a long-term, 20-year absolute triple net (NNN) lease that commenced on February 22, 2022. The lease includes 1.75% rental increases annually starting year seven. There are six, five-year tenant renewal options, bringing the potential lease term to 50 years. The lease is franchisee guaranteed from SFR XI Holdings, LLC, which has approximately 120+ units. The property is located in Wellsville, OH.
Key Highlights
- Long‑Term, 20‑Year Absolute Triple Net (NNN) Lease commenced in 2022.
- Six (6), Five (5)-Year Tenant Renewal Options, potentially extending the lease to 50 years.
- Franchisee Guarantee from SFR XI Holdings, LLC (120+ Units).
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Storefront property - Long-term NNN lease with annual rental increases and renewal options.
Where is this storefront property located?
The property is located at 556 Main St Wellsville, OH.
What is the asking price?
The asking price for this property is $812,500.
What are key features of this property?
This property features: Long‑Term, 20‑Year Absolute Triple Net (NNN) Lease commenced in 2022.; Six (6), Five (5)-Year Tenant Renewal Options, potentially extending the lease to 50 years.; Franchisee Guarantee from SFR XI Holdings, LLC (120+ Units).
