556 Main St, Wellsville, OH

Listing agent Glen Kunofsky License #49KU1129178

Listing office NNN Pro Group g***@nnnpro.com Show Phone

Listing date Aug 14, 2024

Source Moodyscre

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

Report an issue

---

Overview

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.

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

• Map
• Local Demand

City

Wellsville

County

Columbiana

State

Ohio

Longitude

-80.6446

Latitude

40.6069

Nearby Similar for Sale

• 

  $500,000

  Profitable Store with Apartment, Garage

  Successful convenience store with apartment and garage for sale.

  17408 SR 45, Wellsville, OH 43968

  View Details
• 

  $1,200,000

  7,680 SF

  Wellsville Retail Building For Rent

  7,680 SF retail building in prime Wellsville location.

  220 3rd St, Wellsville, OH

  View Details
• 

  $99,000

  1,656 SF

  Wellsville Multi-Family Home For Sale

  Multi-family home with newer features, ideal for investors or homeowners.

  1751 Crawford Avenue, Wellsville, OH 43968

  View Details
• 

  $35,000

  476 SF

  Wellsville Retail Building For Sale

  Solid building in Wellsville with repurposing potential and parking.

  601 Main St, Wellsville, OH 43968

  View Details
• 

  $488,888

  8,000 SF

  Established Retail Property For Sale

  Retail property with long-term tenant and minimal landlord responsibilities.

  1230 Main St, Wellsville, OH

  View Details

FAQs

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 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).