7635 Mentor Ave
Mentor (Cleveland), OH 44060

Popeyes

Offering Summary
Price $2,429,906 Cap Rate 5.35%
NOI $130,000.00 Rentable SF 2,513 SF
Lot Size 35,000 +/- SF Year Built 2023
Lease Type Absolute NNN Lease Term 20 Years

Investment Highlights

  • Brand New 2023 Construction (New Prototype)
  • 20-Year Absolute NNN Lease (Zero Landlord Responsibilities)
  • 10% Increases Every 5-Years in Primary Term & Options
  • Located Directly Across from The Great Lakes Mall, a 1.2 Million
    Square Foot Shopping Center Anchored by Dillard’s, Planet Fitness,
    JCPenney, and Dick’s Sporting Goods
  • Dense Retail Trade Area with Over 106,000 Residents in 5-Miles
  • Average Household Income Exceeds $89,000 (5-Mile Radius)

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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