2168 Mentor Avenue
Painesville (Cleveland), OH 44077
Popeyes
| Offering Summary | |||
|---|---|---|---|
| Price | $3,097,345 | Cap Rate | 5.65% |
| NOI | $175,000.00 | Rentable SF | 2,797 SF |
| Lot Size | 1.22 +/- Acres | Year Built | 2024 |
| Lease Type | Absolute NNN | Lease Term | 20 Years |
Investment Highlights
- Brand New 2024 Construction (Rare Brick Prototype)
- 20-Year Absolute NNN Lease with 10% Increases Every 5-Years
- Located Adjacent to Super Target Anchored Shopping Center
- Traffic Counts Exceed 21,000 Vehicles Per Day on Mentor Ave
- Dense Retail Trade Area with Over 104,000 Residents in 5-Miles
- Average Household Income Exceeds $107,000 (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