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34400 Euclid Ave
Willoughby, OH 44094 Downtown Willoughby

$1,729,000 USD

Fast Food For Sale  •  2,370 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,109 SF
  • Lot Size 0.74 AC
  • Building Class C
  • Year Built 1997
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C
0 Transit Score
60 Walk Score

Highlights

15-YEAR ABSOLUTE NNN LEASE: Over 15 years remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations
OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,055 locations across 4 brands in 32 states. Tenant - FQSR, LLC
Encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1.1 billion in 2025
TRAFFIC COUNTS: Positioned on a ±0.746-acre parcel, this property offers prime visibility and convenient access along US-20/Euclid Ave
Traffic counts of 23,248 CPD!
AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 123,923 | Average Household Income (1MI): $97,917

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
KFC 6/30/2041

Amenities

  • Pylon Sign
  • Restaurant
  • Signage

Public Transportation

AirportDriveWalkDistance
Cleveland-Hopkins International 45 min - 31.1 mi

Parking Details

Parking Available: Yes
Reserved: No
Type: Surface
Included in Rent: Yes
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC