Net Lease i Ohio

Cooper Commercial Group closes sale of Ohio Starbucks

The Cooper Commercial Investment Group recently sold a single-tenant, net-leased Starbucks in Milford, Ohio. The property was newly built in 2017, with 10 years of initial lease term.

Dan Cooper, president of Cooper Commercial Investment Group, represented the sellers. The buyer out of California purchased the property for more than 97 percent of list price. The property sold for $1.845 million, representing a CAP rate of 5.25 percent.