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    Property profile & analytics
    FOR LEASE
    Retail space

    1637 East Us Highway 36, Urbana, OH 43078

    61,692 SF 6.76 ac lot Built 1989
    Entity Owned 3-yr Hold ~ Est. High Equity
    Property ID
    US66-4308007
    1637 East Us Highway 36, Urbana, OH 43078 For Lease
    $12 SF/Yr 3,943 SF available
    1637 East Us Highway 36, Urbana, OH 43078
    View Listing →
    Property summary
    AI-generated overview

    This turnkey tanning salon opportunity in Urbana, OH's Scioto Square Plaza presents a unique chance to acquire a profitable, established business. Located alongside anchor stores like Kroger, Tractor Supply Company, and Anytime Fitness, this salon benefits from high visibility and foot traffic. A proposed 300+ home subdivision nearby promises further growth potential. Established in 2000, the salon boasts a loyal customer base and consistent revenue growth. The sale includes 19 state-of-the-art tanning beds (various wattages), a Pura sunless spray tan booth, two POS computers, product inventory, a security system, a Pandora music system with tablet, a washer/dryer, approximately 250 tanning bulbs, and business management software (Tan Track and TMax Manager). The friendly and knowledgeable staff are included, and the current owner will provide training and support for a smooth transition. This is a fantastic opportunity to own a well-established business at a fraction of the original start-up cost. Note: This sale includes only the business assets

    Property profile
    Verified
    Property type Retail space
    Use group RETAIL STORES (PERSONAL SERVICES)
    Year built 1989
    Total area 61,692 SF
    Lot 6.76 ac (294,553 SF)
    APN K48-25-11-02-27-001-06
    UPID US66-4308007
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • SNOWFOX Sushi Take-out & Catering
    • H&R Block Tax Preparation
    • Edward Jones - Financial Advisor: Zac Fiely, AAMS™ Financial Advisor
    • First American Cash Advance Loan Service
    • Kroger Grocery & Convenience Store Food Market
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $8.79M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $6.30M
    Blend (final) Blend
    $8.80M
    Owner & transaction history
    Von Commercial Investments LLC · 3 yrs held
    Von Commercial Investments LLC
    since 2022
    Last sale
    $11.6M
    4 recorded transactions
    2022
    $1.3M
    2021
    $11.6M
    2019
    2019
    $725,000
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $6.8M +78.9%
    Try Rey
    Ask anything about this address in plain English.
    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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