1240 OH-303
Streetsboro (Cleveland), OH 44241
Freddy’s Drive-Thru
| Offering Summary | |||
|---|---|---|---|
| Price | $2,727,272 | Cap Rate | 5.50% |
| 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