x
Showing 1 of 0
X
Save

0 LYTLE
Troy OH 45373 US

$1,060,200

Active Listing ID 373821
lot icon
Lot: 55.80 acre
home icon
Other

$1,060,200

Active Listing ID 373821
Save

0 LYTLE The subject property is 55.8 acres. The sale is subject to tenants rights and crop rights. The parcel contains 3 interstate billboard display signs. The land owner has negotiated a long term lease for the display signs expiring December 2028. Annual rental income from display signs is $8, 554. There is a annual rent escalator of 3% in the lease agreement. Lessor may terminate the sign lease upon 60 day written notice. The land is cash rented for $14, 229 per year. The ground lease may be terminated if the lessor gives the lessee sixty days notice prior to the expiration of the annual lease term ending on December 31, of each year. This property was annexed into the City of Troy on 9/29/2016.

Collapse all

Property Features

  • Facts
  • Lot Size: 55.80 acre
  • Property Type: Lots And Land
  • Property Sub-type: Other
  • Features
  • Roof Type: Unknown
Listing Changed: 2/25/2021 6:04:27 PM GMT
Source Updated Date: 3/4/2021 6:30:10 AM GMT

Courtesy of: David B. Messler, Turn-Key Management, Realtors

Listing Source - ListHub

Copyright © 2021 Western Regional Information Systems and Technology, Inc. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.