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201 East 5th St. Suite 2050 Cincinnati, OH 45202 P: 513-241-9002 F: 513-241-9003
Name: State Electric Supply
Address:

13 Renick Ave.

City: Chillicothe
State: OH
Price: $650000
Price/Sq ft : $56/square foot
Cap: 9.75%
Description:  
The State Electric building offers a buyer the ability to purchase a single tenant office/warehouse that has an absolute net lease for three more years to a corporately guaranteed tenant. This 11,600 Square foot all-steel building has a small showroom and office in the front with warehouse in the rear. There are two drive-in doors on the front side of the building and one in the back, and a loading dock on the side. The property sits adjacent to Highway 23/50 with easy access to ramps leading either northwest or southeast.

Chillicothe long has been the crossroads and a center of commerce for south central Ohio. Founded in 1796, it first served as the capital for the Northwest Territory and in 1803, when Ohio became a state, the city was the state's capital. Today, Chillicothe is the seat for Ross County and boasts a population of 21,796 while the county's population is 75,556. The growth of population in the county was 3 percent from 2000 to 2006, or about three times faster than the state rate.

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