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104 Bair Blvd
New Stanton, PA 15672

$2,479,000 USD

Restaurant For Sale  •  6,641 SF

Property Details

  • Property Type Restaurant
  • Total Building Size 6,641 SF
  • Lot Size 1.9 AC
  • Building Class B
  • Year Built 1995
  • Cap Rate 6.75 %
  • Tenancy Single
30 Walk Score

Highlights

ABSOLUTE NNN LEASE WITH CORPORATE GUARANTEE: The tenant has 10+ years remaining on an Absolute NNN lease with zero landlord responsibilities
STRONG HEDGE AGAINST INFLATION: The lease features highly attractive 2.00% annual rent increases throughout the remaining base term
PROVEN LOCATION & HISTORICAL COMMITMENT: 100% occupied by Bob Evans since April 1995 (30+ years of operational history)
FEE SIMPLE OWNERSHIP: Offers the buyer the highest form of real estate ownership and absolute control over the asset
SUBSTANTIAL FOOTPRINT: The property features a 6,641-SF building situated on a large 1.91-acre lot, providing ample parking with 120 dedicated spaces.
DENSE TRAVEL HUB & INTERCHANGE LOCATION: Strategically positioned at the Interstate 70 / Pennsylvania Turnpike Interchange, seeing over 38,100 VPD

Property Flyers

Cap Rate: 6.75 %

Public Transportation

Commuter RailDriveWalkDistance
Greensburg Amtrak (Pennsylvanian - Amtrak) 14 min - 8.4 mi
AirportDriveWalkDistance
Arnold Palmer Regional 30 min - 17.3 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 120
Type: Surface
Included in Rent: Yes
John Catanzarite 614-360-9052 Marcus & Millichap
John Catanzarite 614-360-9052 Marcus & Millichap