Retail Space
4506 Gallia Street Portsmouth, OH 45662
Details & Description
Price: $1,150,000
    Marcus & Millichap is pleased to present the offering for the AT&T Wireless located at 4506 Gallia Street in Portsmouth, Ohio. This subject property was built in 2015 and currently has four years remaining on its original double net lease. The lease comes equipped with 10% rental increases at the beginning of both five year renewal options. Landlord is responsible for roof and structure only and the lease is backed by Slayton Wireless, an 80+ location AT&T Franchisee. Tenant reimburses CAM, Insurance, Taxes and is responsible for HVAC repairs and maintenance.The subject property is located just off of US-52 the Ohio River Scenic Byway, seeing over 28,700 vehicles per day, the main thoroughfare of Portsmouth and a major roadway that runs the entirety of the Ohio state border along the Ohio River. The property is an outparcel to a major shopping center in the area anchored by Walmart Supercenter and features multiple national tenants such as Arby’s, Applebee’s, GameStop, Dollar Tree, Papa Johns, Sprint and Sally Beauty.4 Years Remaining on a Double Net (NN) LeaseTenant reimburses CAM, Insurance & Taxes and is responsible for HVAC R&M10% Rental Increases in Each of Its Two, 5-Year Renewal OptionsLease Backed By A 77+ Unit Franchisee (Slayton Wireless)Outparcel to Walmart Supercenter Near Multiple National Retailers: Arby’s, Applebee’s, GameStop, Dollar Tree, Papa Johns, Sprint and More
    Property ID:    285962
    Property URL: melqr.com/285962
    Generated:    05-10-24
    Property Highlights
    • Located Next to US-52 Ohio River Scenic Byway Seeing Over 28,700 Vehicles Per Day
    • Landlord is responsible for Roof and Structure Only
    Listing Agents
    Frank Simcic

    O: 813-387-4700
    frank.simcic@marcusmillichap.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Ohio / Portsmouth / 45662 / 4506 Gallia Street

    4506 Gallia Street

    Portsmouth, OH 45662

    No Longer Listed
    • 4506 Gallia Street Portsmouth, OH 45662 | for Sale | Photo 1
    • 4506 Gallia Street Portsmouth, OH 45662 | for Sale | Photo 2
    • 4506 Gallia Street Portsmouth, OH 45662 | for Sale | Photo 3
    4506 Gallia Street | for Sale | Thumbnail 1
    4506 Gallia Street | for Sale | Thumbnail 2
    4506 Gallia Street | for Sale | Thumbnail 3
    Price
    $ /mo
    Property Highlights
    Situated in a Dense Retail Corridor
    Located Next to US-52 Ohio River Scenic Byway Seeing Over 28,700 Vehicles Per Day
    Landlord is responsible for Roof and Structure Only
    Description

    Marcus & Millichap is pleased to present the offering for the AT&T Wireless located at 4506 Gallia Street in Portsmouth, Ohio. This subject property was built in 2015 and currently has four years remaining on its original double net lease. The lease comes equipped with 10% rental increases at the beginning of both five year renewal options. Landlord is responsible for roof and structure only and the lease is backed by Slayton Wireless, an 80+ location AT&T Franchisee. Tenant reimburses CAM, Insurance, Taxes and is responsible for HVAC repairs and maintenance.

    The subject property is located just off of US-52 the Ohio River Scenic Byway, seeing over 28,700 vehicles per day, the main thoroughfare of Portsmouth and a major roadway that runs the entirety of the Ohio state border along the Ohio River. The property is an outparcel to a major shopping center in the area anchored by Walmart Supercenter and features multiple national tenants such as Arby’s, Applebee’s, GameStop, Dollar Tree, Papa Johns, Sprint and Sally Beauty.

    4 Years Remaining on a Double Net (NN) Lease

    Tenant reimburses CAM, Insurance & Taxes and is responsible for HVAC R&M10% Rental Increases in Each of Its Two, 5-Year Renewal Options

    Lease Backed By A 77+ Unit Franchisee (Slayton Wireless)

    Outparcel to Walmart Supercenter Near Multiple National Retailers: Arby’s, Applebee’s, GameStop, Dollar Tree, Papa Johns, Sprint and More

    Attachments & Files
    att-portsmouth-oh-a21-Clj.pdf

    Portsmouth Area Market Trends

    Listing Demographics for 4506 Gallia Street Portsmouth, OH 45662

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population1,48112,84923,874
    Population Median Age393940
    Population by Age0-9 Yrs221 (14%)2005 (15%)3360 (14%)
    10-19 Yrs201 (13%)1530 (11%)2787 (11%)
    20-29 Yrs147 (9%)1378 (10%)2672 (11%)
    30-39 Yrs170 (11%)1855 (14%)3138 (13%)
    40-49 Yrs197 (13%)1387 (10%)2849 (11%)
    50-59 Yrs171 (11%)1631 (12%)3137 (13%)
    60-69 Yrs179 (12%)1421 (11%)2874 (12%)
    70+ Yrs193 (13%)1643 (12%)3057 (12%)
    Median HH Income$50,546$50,965$44,345
    Total Household Income< 24K198 (34%)1397 (28%)3008 (31%)
    25-49K81 (14%)994 (20%)2089 (22%)
    50-74K124 (21%)931 (19%)1739 (18%)
    75-99K75 (13%)597 (12%)1018 (10%)
    100-199K88 (15%)836 (17%)1362 (14%)
    200K+0 (0%)106 (2%)221 (2%)
    Highest Education LevelNo Diploma959992214
    Diploma or GED39637217040
    Some College26418993352
    Assoc. Degree1157481408
    Bachelors Degree846021246
    Higher Degree557651242
    Total Housing Units6765,68210,926
    --Owner-Occupied4423,4106,370
    --Renter-Occupied1241,4513,066
    Owner-Occupied Values< 100K25115923225
    100-199K13511422038
    200-299K36459747
    300-399K1476162
    400-499K3128156
    500K+31342
    Total Working Age Population1,1219,95818,793
    In Work Force5405,3719,751
    Not In Work Force5814,5879,042
    Workforce Employed5095,0229,078
    Workforce Unemployed30349672
    Civlian Workforce5405,3719,751
    Military Workforce000
    Total Households5664,8619,436
    Family Households4183,5216,402
    Non-Family Households1481,3403,034
    Married Couple3092,4964,427
    Other Family1091,0251,975
    Married w/Child1118671,511
    Single Male w/Child36226352
    Single Female w/Child15344592

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Kentucky4,041,769+74,339,367+44,533,464+44,726,382
    Greenup County36,891036,910-435,475-533,706
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Scioto County79,195079,499-773,730-569,720

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 4506 Gallia Street in Portsmouth?
    The asking price for 4506 Gallia Street is $1,150,000
    What is the building size of this Retail property in Portsmouth, OH?
    The size of the building/unit at 4506 Gallia Street in Portsmouth is 2,700 square feet
    How much land does the Portsmouth, OH property at 4506 Gallia Street include?
    4506 Gallia Street in Portsmouth includes 0.540 acres of land
    What kind of Retail is the propery at 4506 Gallia Street?
    The property at 4506 Gallia Street Portsmouth, OH 45662 is listed as a Free Standing Building Retail property
    What is the population within 1 mile of 4506 Gallia Street in Portsmouth?
    The population within 1 mile of 4506 Gallia Street Portsmouth, OH 45662 is 1,481 people.
    Who do I contact for questions about 4506 Gallia Street?
    You should contact the listing agent, Frank Simcic, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Tri-State/Milton J. Ferguson Field (HTS) 32
    Rickenbacker International Airport (LCK) 74
    Yeager Airport (CRW) 74
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    No Longer Listed
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