$137,000
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530 W Sophia Unit 530 Maumee, OH 43537
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Nice Maumee Commercial Investment with solid Tenant & Lease. Tenant is in the 3rd year of a 5 year lease that runs through 4/1/2028. Current base rent is $9,300 per year, then bumps to $9,600 per yr. for last 2 years. Two 5 year options to renew with CPI increase. TENANT RESPONSIBILITIES; Real Estat...e taxes (reimburses landlord),property Insurance, all utilities, security, trash, janitorial & Common Area Maintenance. LANDLORD RESPONSIBILITIES; Real Estate Tax payments (reimbursed by Tenant), foundation, ext. walls,glass,windows,doors,HVAC system,general elect. system,plumbing, ext.paint & roof.
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MLS#
6125067
Property Type
Other
Year Built
1951
Stories
1.0
Sewer
Sewer-Sanitary
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