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10-Year Absolute NNN Investment Opportunity 20 South Main Street, Rittman, OH 44270
Availability:
for sale
Property Type:
Health Care
Year Built:
1920
Building Size:
12,960 SF
Land Size:
0.05 Ac
Price:
$600,000
Price per SF:
$46.30
Zoning:
C-2 Central Business
Cody Sinclair
cody@gerspachergroup.com
(330) 722-5002
Troy Gerspacher, CCIM, SIOR
troy@gerspachergroup.com
(330) 722-5002
Property Description
This is a unique opportunity to acquire a 12,960 SF single-tenant, absolute NNN investment property in Rittman, Ohio, leased to Success on the Spectrum – Rittman, a growing provider of Applied Behavior Analysis (ABA) therapy for children with autism. The current owner-occupier is prepared to execute a new 10-year lease with two five-year renewal options, offering long-term stability, and is willing to provide financials upon request. Rent will commence at $3,500 per month ($42,000 annually) for years 1–2, with 3% annual escalations beginning in year 3, providing consistent income growth. The lease is structured as a true triple-net (NNN), with the tenant responsible for all taxes, insurance, and maintenance, creating a passive investment for ownership. Success on the Spectrum operates within the rapidly expanding ABA therapy sector, a critical, needs-based healthcare service driven by rising autism diagnoses and demand for early intervention. Notably, ABA services are largely reimbursed through Medicaid and private insurance, offering a reliable and recession-resistant revenue stream for operators. This makes the property an attractive opportunity for investors seeking durable cash flow backed by a healthcare-oriented tenant.
Area Description
20 S Main St in Rittman is located approximately 0.5 miles from U.S. Route 224, 4 miles from Interstate 76, and 12 miles from Interstate 71, providing convenient regional highway access.
Highlights
Available: 12,960 SF
Acres: 0.556 AC
True NNN leased investment in Rittman, OH
Success on the Spectrum (SOS) Franchisee ready to commit to a 10-year lease with (2) 5-year options
Frontage: ±50 | Depth: ±100
Parking: ±20 Spaces
Zoning: C-2
Annual Real Estate Taxes: $7,216.86
Full Address: 20 South Main Street, Rittman, OH 44270
Listing Type: FOR SALE
Status: Active
Zoning: C-2 Central Business
Region: M-EN
Property ID: 4105985
Building Sf: 12,960
Number Units: 1
Year Built: 1920
Features
Available: 12,960 SF Acres: 0.556 AC True NNN leased investment in Rittman, OH Success on the Spectrum (SOS) Franchisee ready to commit to a 10-year lease with (2) 5-year options Frontage: ±50 | Depth: ±100 Parking: ±20 Spaces Zoning: C-2 Annual Real Estate Taxes: $7,216.86