2001 Main St Springfield, OH 45503
Property summary
This exceptional investment opportunity presents a brand-new, 510-square-foot 7 Brew coffee shop situated on a 0.47-acre lot in Springfield, Ohio. Built in 2024, this single-story building boasts a prime location at the signalized intersection of E Main St and N Belmont Ave, benefiting from high visibility and significant daily traffic (30,500 vehicles). The property is strategically located near major retailers including Save-A-Lot, Family Dollar, Wingstop, and a Walmart Supercenter, ensuring strong consumer traffic and synergy. The absolute NNN lease with the franchisee, Brew Team OH, features a 15-year term with three 5-year options, each including a 10% rent increase. This provides a stable, long-term income stream with built-in inflation protection. The property offers 10 parking spaces and is zoned CC-2 Community Commercial District. With a 6.50% cap rate and a $90,000 annual net operating income (NOI), this represents a compelling investment opportunity with minimal landlord responsibilities. The asking price is $1,385,000, translating to $2,715.69 per square foot. The 5-mile trade area boasts a population exceeding 79,400, with an average household income of $70,249, further solidifying the investment's potential. This is a truly passive investment opportunity with a strong tenant and a secure lease structure.
Property profile
VerifiedCap rate & NOI
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
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from $99/month
Cap rate
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from $99/month
Price sensitivity
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Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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