Sale Retail
1238 Conant St, Maumee, OH 43537
- $600K
- 7,176 SF building
- 1 ac
Located in the heart of Maumee along Conant Street, between Timbers Bowling Alley and Honda East.Two-unit building.3,512 square foot occupied by Xtreme Card Vault, LLC. Completely rebuilt for Tenant’s use. Tenant pays $3,300/month plus 50% of building utilities. Xtreme signed its lease on June 1, 2026, which expires November 30, 2029. Xtreme is funding Tenant improvements and there is no rent due from June 1, 2026, through September 30, 2026. The monthly rent increases 3% from the prior year’s monthly rent each one-year anniversary. Tenant may extend its lease for an additional 3-year term with 3 month's prior notice. Monthly rent to increase 3% per year for each year extended. Xtreme has a Right of First Refusal with 15 days from Seller’s receipt of a bona fide offer which the Seller intends to accept. Plumbing and electrical wiring were updated when space was previously renovated. Unit includes security system, open area, IT room with supplemental mini split unit, 2 in suite restrooms, multiple offices, break room, shop, garage bay with one 9'11" X 9' overhead door. 3,300 SF occupied by Ridge Engine & Machine Repair. Ridge is on its second renewal option, which expires April 30, 2028. Tenant pays $1,650/month NNN (NNN = $4.50/SF). All FF&E belong to the tenant. Unit includes sales counter area, restroom, office and garage with two overhead doors, 8'X14' and 9'X10’.Seller occupies a small 622 square foot garage bay which is adjacent to Ridge leased unit..54 miles to US-24, 2.19 miles to I-475/US-23.Both HVAC roof units and all ductwork was updated when space was renovated by previous tenant.
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