Fast Food For Sale • 4,291 SF
| Long Term Absolute NNN Lease – At closing, the tenant will execute a new 15-year absolute NNN lease featuring 10% rent increases every five years |
| Established Franchisee – The franchisee has been operating Burger King restaurants since 1959 |
| Strong Retail Corridor – The property is located on High Street, the primary thoroughfare through Wadsworth, Ohio, with direct access to US-224. |
| Significant Local Traffic Drivers – The nearby Fisher-Titus Facility generates substantial daily traffic to the site, along with Norwalk High School |
| Strong Demographics – Within a three-mile radius, the area boasts a population of approximately 28,000 residents, 854 total businesses |
| Proven Sales Performance – The sale-leaseback rental rate is supported by an 8.5% rent-to-sales ratio over the trailing three years. |
| Cap Rate: | 5.95 % |
| Tenant | SF Occupied | Lease End Date |
|---|---|---|
| Burger King |
| Airport | Drive | Walk | Distance |
|---|---|---|---|
| Akron-Canton Regional | 29 min | - | 22.0 mi |
| Cleveland-Hopkins International | 46 min | - | 31.8 mi |
| Parking Available: | Yes |
| Reserved: | No |
| Spaces Provided: | 50 |
| Type: | Surface |
| Included in Rent: | Yes |