1240 OH-303
Streetsboro (Cleveland), OH 44241

Freddy’s Drive-Thru

Offering Summary
Price $3,157,894 Cap Rate 4.75%
NOI $150,000.00 Rentable SF 3,027 SF
Lot Size 1.72 +/- Acres Year Built 2021
Lease Type Absolute NNN Lease Term 20 Years

Investment Highlights

  • New 2021 Construction w/ Latest Drive-Thru Prototype
  • 20-Year Abs NNN Lease w/ 7.50% Increases Every 5-Years
  • Outparcel to Target & Lowe’s Anchored Shopping Center
  • Traffic Counts Exceed 33,000 Vehicles Per Day
  • Average Household Income Exceeds $126,000 (5-Mile Radius)
  • 263,000 Residents within 10-Miles of Subject Property

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For More Information, Please Contact:

John R Wertz
Managing Principal
(619) 218-6427
jwertz@wertzrealestate.com

Greg Labarre
Vice President
(619) 997-1242
glabarre@wertzrealestate.com