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863 E Arlington Rdg
Akron, OH 44312

$2,068,965 USD

Fast Food For Sale  •  2,600 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 2,600 SF
  • Lot Size 1 AC
  • Building Class B
  • Year Built 2019
  • Cap Rate 7.25 %
  • Tenancy Single
0 Transit Score
49 Walk Score

Highlights

For two consecutive years, Site Selection Magazine ranked Akron #2 among metros with populations of 200,000 to 1 million for new business expansions.
Strength in a reliable tenant with a personal guarantee and OH Steakburgers, LLC guarantee.
7.5% rent increases every five years and at each three, 5-year option.
Freddy's Frozen Custard & Steakburgers is a leading fast-casual franchise concept with more than 500 locations across 36 states in the U.S.
Located conveniently off S Arlington Road, which sees over 26,000 VPD.
National surrounding retailers in the immediate area include Target, Taco Bell, Chipotle, Five Guys, Wendy's, Burger King, Bob Evans, and more.
Cap Rate: 7.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Freddy's Frozen Custard 2,600 SF 11/30/2040

Public Transportation

Commuter RailDriveWalkDistance
Akron Northside (National Park Scenic Railway - Cuyahoga Valley Scenic Railroad) 14 min - 8.4 mi
AirportDriveWalkDistance
Akron-Canton Regional 10 min - 6.9 mi
Max Watson 512-528-3122 Sands Investment Group Austin, LLC
Max Watson 512-528-3122 Sands Investment Group Austin, LLC