1305 N Main St - Fast Food FOR SALE


Orrville, OH 44667
$2,199,038 USD
214-692-2289
1305 N Main St, Orrville, OH for Sale
$2,199,038 USD
Fast Food - FOR SALE
1/5
null | 5.76% Cap Rate

1305 N Main St
Orrville, OH 44667


HIGHLIGHTS

  • ABS NNN Taco Bell backed by Charter Foods (±453 unit operator)
  • ±8.25 years of remaining lease term, with four (4), five-year renewal options
  • 25 year operating history with extremely strong sales (contact agent for details)
  • Taco Bell signed a brand new 20-year lease in 2024, proving their long term commitment to the location and market
  • Orrville is an affluent community with an average household income in excess of $97,293 (5 Mile radius)
  • Annual rent escalations of 1.5% support steady organic income growth

OVERVIEW

Name Matt Wallace Company Matthews Real Estate Investment Services, Inc Firm & License License # REC.2022007141, BRKP.2024002419 (OH) Address 950 Main Ave., Suite 510, Cleveland, OH 44113 Phone (866) 889-0550

FOR SALE DETAILS

PRICE

$2,199,038 USD

PRICE/SF

$1,131 USD /SF

CAP RATE

5.76%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2000

SPRINKLERS

-

PARKING SPACES

40

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

C-3

APN/PARCEL ID

59-01379-004

ASK ABOUT THIS PROPERTY

Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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Josh BishopMatthews Real Estate Investment ServicesMore Info
214-692-2289

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