115 Airport Hwy Swanton, OH 43558-1408
This exceptional investment opportunity presents the Key Bank Building, a single-story, 2,255 square foot retail property situated on a 0.54-acre lot in Swanton, Ohio. Located at 115 E. Airport Hwy, this strategically positioned building benefits from exceptional visibility and high traffic counts, with over 13,867 vehicles passing daily in 2023. The building, constructed in 1984, is currently 100% occupied by Key Bank under a Triple Net (NNN) lease with a remaining term of one year, followed by a new three-year renewal extending to June 2028, with additional renewal options. The lease features attractive 2% annual rent increases. The property includes 14 parking spaces and is zoned B3. This is a single-tenant building with a strong anchor tenant, Key Bank, which has occupied the space since 1984. The property is part of a larger portfolio sale but can be purchased individually. This offering presents a compelling opportunity to acquire a stable, income-producing asset in a high-traffic location. The property's location near a Kroger outparcel further enhances its desirability. The Fulton County APN is 28-055168-00.000. The asking price is $749,900.
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KeyBank Bank Loan Service
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KeyBank ATM Atm
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.