For Sale
Retail
For Sale
This property is available for sale
0.63
Acres
$1,200,000
Sale Price
-
Year Built
1989 (Renovated 2014)
-
Total Building Size
2,630 RSF
-
Overview
This investment opportunity is an Absolute NNN 20-year lease with an established Arby's franchisee. The subject property is located in Brunswick, Ohio, a mature residential submarket of Cleveland, OH. Recently updated, Arby's has the full 20 years remaining with 7% increases every five years; the first increase in 2023.
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Property Details
This investment opportunity is an Absolute NNN 20-year lease with an established Arby's franchisee. The subject property is located in Brunswick, Ohio, a mature residential submarket of Cleveland, OH. Recently updated, Arby's has the full 20 years remaining with 7% increases every five years; the first increase in 2023.
- Property TypeRetail
- Submarket
- Year Built1989Renovated 2014
- Sale Price$1,200,000
- Total Building Size2,630RSF
- Total Acres0.63
- Cap Rate5.0%
- Number of Floors1
- ZoningGeneral Business
- Property ID1996961
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