11477 Allen Rd - Restaurant FOR SALE


Jeffersonville, OH 43128
$2,106,000 USD
818-632-9542
11477 Allen Rd, Jeffersonville, OH for Sale
$2,106,000 USD
Restaurant - FOR SALE
1/3
null | 6.5% Cap Rate

11477 Allen Rd
Jeffersonville, OH 43128


HIGHLIGHTS

  • Long-Term NNN Lease
  • Annual Rent Growth
  • Established National Tenant
  • Large Parcel With Upside

OVERVIEW

Surmount is pleased to present the exclusive listing for a Bob Evans located at 11477 Allen Road, Jeffersonville, OH 43128. The site consists of roughly 6,595 rentable square feet of building space on an estimated 2.95-acre parcel of land. Bob Evans is subject to a 20-year Triple Net (NNN) lease, which commenced 7/24/2023. The current annual rent is $136,896 and has scheduled increases of 2.00% Annually.

FOR SALE DETAILS

PRICE

$2,106,000 USD

PRICE/SF

$319 USD /SF

CAP RATE

6.5%

% 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

2009

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.95 AC

LAND SF

128,502 SF

ZONING

430

APN/PARCEL ID

090-015-001-001-04

ASK ABOUT THIS PROPERTY

Armond AivazyanSurmountMore Info
818-632-9542

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Armond AivazyanSurmountMore Info
818-632-9542

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.