1240 OH-303 - Fast Food FOR SALE
Streetsboro, OH 44241 |
1240 OH-303
Streetsboro, OH 44241
HIGHLIGHTS
- LONG -TERM LEASE - 19 years remaining on Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
- Ram-Z Custard, LLC owns & operates 74 locations, which include 39 Freddy’s restaurants, making it the 6th largest Freddy’s franchisee in US
- Positioned on a large ±1.72-acre lot with an impressive 10-car stack drive-thru
- HIGH TRAFFIC COUNTS/VISIBILITY - Pad site to a Target, Lowe’s & Giant Eagle Anchored Shopping Center with excellent visibility/access
- Traffic counts of 58,609 CPD!
- 2024 VERY AFFLUENT DEMOGRAPHICS: Population: 47,603 & Average Household Income: $158,928
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
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BUILDING DETAILS
PROPERTY NAME
FREDDY'S - STREETSBORO, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
3170
STORIES
1
YEAR BUILT
2021
SPRINKLERS
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PARKING SPACES
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LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
35-055-00-00-039-011
