14129 Puritas Ave - Freestanding FOR SALE


Cleveland, OH 44135- Puritas-Longmead
$349,000 USD
513-939-9169
14129 Puritas Ave, Cleveland, OH for Sale
$349,000 USD
Freestanding - FOR SALE
1/5
null | 5.44% Cap Rate

14129 Puritas Ave
Cleveland, OH 44135
Puritas-Longmead


HIGHLIGHTS

  • Value-add opportunity through releasing at a market rate at the end of the lease or redevelopment
  • Outparcel to a grocery-anchored shopping center covered land play for an investor to generate income while planning new development
  • The Commonwealth Companies Plans to Spend $14 Million on a New 48-unit Senior Housing Development Set to Open in 2025
  • Located Just Off Puritas Avenue, Which Sees Over 12,509 VPD
  • Strong Demographics With a Population of 347,421; Residents Making an Average Household Income of $77,078 Within a 5-mile Radius
  • Nearby Retailers Include: CVS, Save A Lot, AutoZone, Burger King, McDonald’s, Walgreens, and Many More

OVERVIEW

Magna Carta Investment Group is Pleased to Exclusively Offer For Sale the 1,536 SF Pizza Hut Located at 14129 Puritas Avenue in Cleveland, OH. This Deal is Located Just Off Puritas Ave, Which Sees Over 12,509 VPD, Providing For a Secured Investment.

FOR SALE DETAILS

PRICE

$349,000 USD

PRICE/SF

$227 USD /SF

CAP RATE

5.44%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Pizza Hut - Cleveland, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Freestanding

ADD'L SUBTYPES

Fast Food, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1962

SPRINKLERS

-

PARKING SPACES

25

LAND DETAILS

LAND ACRES

0.39 AC

LAND SF

16,988 SF

ZONING

SC

APN/PARCEL ID

023-22-004

ASK ABOUT THIS PROPERTY

Alex WenzelMagna Carta Investment GroupMore Info
513-939-9169

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Alex WenzelMagna Carta Investment GroupMore Info
513-939-9169

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