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Investment Overview Applebee' s is on their initial 20-year lease for this 7,502 square foot restaurant on a 2.07 acre parcel. The 20-year ground lease is equipped with a termination option in lease years 10 (May, 2023) and 15 (May, 2028) based on store sales; therefore, this store has nine years remaining on its current lease term when considering the options to terminate. Applebee' s is on an absolute NNN ground lease in which they are responsible for procuring and paying for all operating expenses directly which includes repairs and replacements of the roof, structure, parking areas and driveways. The lease calls for rental escalations of 10 percent every five years, as well as four, five-year renewal terms. The renewal options provide for rental escalations of 10 percent with a notification period of 180 days. The lease is guaranteed by Apple Ohio, LLC which is owned by Apple America Group, LLC. Apple American Group LLC owns and operates approximately 470 Applebee' s Neighborhood Grill and Bar restaurants. For more information, please click here: http://goo.gl/muLBvR
Great investment opportunity! Fully leased 17,000 square foot building. The main and lower levels are currently leased by a Bar/Restaurant business. (Bar Business and Equipment not included and is not for sale.) Six (6) one bedroom apartments and one efficiency apartment above. Call Lister for information on leases, etc. Lots of parking.
Best suited for specialty retail or office. Acre and a half. Two buildings, Front building is two stories, 7,200 square feet. Back building is a Pole Barn; no heat, no water, cold storage only, 5,000 square feet. Lease options Available.
Free Standing, Fully Equipped Restaurant & Building (3,600 Square Feet) for Sale. Located at the southeast entry point for Willoughby Commons (457,944-square-foot shopping center 5 big box retailers and a high traffic movie theater. This shopping center is the Largest open-air, commercial development in Lake County.) Very Accessible from I-90 and Route 2 with a daily traffic count is over 24,000. Building Signage visible from Euclid Ave.
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Price Upon Req.352 SF
7-Eleven, Inc. directs Sealed Bid Sale 143 Convenience Stores with Gas Convenience stores sold without brand. Sold with or without fuel supply. Sold with fuel brand. FL (32), OH (10), PA (9), TX (83), UT (8) & WI (1) Sites from 10,000 sf to 1.8 ac Buildings from 500 to 6,740 sf Available Now!
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Very Motivated seller. Exciting and Rare Opportunity to own in a highly sought after location Downtown Willoughby. This is a two-story structure with a basement. The basement is accessible from both the interior and exterior. Recent improvements include a new HydroStop Premiumcoat Roof with warranty. Description This approx. 3000 square foot 3 story classical brick building in the HEART OF DOWNTOWN Willoughby offers multiple entrances. The public parking lot, with over 125 spaces, offers no hassle parking as well as a constant flow of potential customers for any business. Asking price reflects the condition. 14 Public Square is in the HEART OF DOWNTOWN Willoughby!! LOCATION LOCATION LOCATION!!!!