530 Sophia StMaumee, OH 43537

For Sale
$137,000

Solid Tenant, Lease in Place, High ROI

Overview

Added:
Feb 3
Days on market:
39
This exceptional Maumee, OH commercial investment property presents a compelling opportunity for discerning investors. Located at 530 W Sophia Unit 530, this property boasts a strong, reliable tenant currently in the third year of a five-year lease expiring April 1, 2028. The current annual base rent is $9,300, increasing to $9,600 annually for the final two years of the initial lease term. The lease includes two five-year renewal options, with rent increases tied to the Consumer Price Index (CPI). This built-in rent escalation provides excellent protection against inflation and ensures consistent income growth. The tenant is responsible for all operating expenses, including real estate taxes (reimbursed to the landlord), property insurance, utilities, security, trash removal, janitorial services, and common area maintenance. The landlord's responsibilities are limited to structural components such as the foundation, exterior walls, glass, windows, doors, HVAC system, general electrical system, plumbing, exterior paint, and roof. This well-defined responsibility structure minimizes landlord involvement and maximizes return on investment. The property's stable tenancy and favorable lease terms make it an attractive addition to any commercial real estate portfolio. This is a turnkey investment opportunity with significant potential for long-term growth and passive income. The property is priced at $137,000.

Property Details for 530 Sophia St

Property type
Other commercial real estate
Year Built
1951

Location Insight

City
Maumee
County
Lucas
State
Ohio
Latitude
41.56282
Longitude
-83.66373
530 Sophia St, Maumee, Ohio

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530 Sophia St
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