104 Bair Blvd - Restaurant FOR SALE
New Stanton, PA 15672 |
$2,479,000 USD
614-360-9052
104 Bair Blvd
New Stanton, PA 15672
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
FOR SALE DETAILS
PRICE
$2,479,000 USD
PRICE/SF
$373 USD /SF
CAP RATE
6.75%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Bob Evans
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1995
SPRINKLERS
-
PARKING SPACES
120
LAND DETAILS
LAND ACRES
1.9 AC
LAND SF
82,764 SF
ZONING
-
APN/PARCEL ID
64-03-00-0-086
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
614-360-9052
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
Please correct the highlighted field(s).
614-360-9052
By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.
