17505 Bagley Rd - Fast Food FOR SALE
Middleburg Heights, OH 44130 |
$2,917,000 USD
480-718-5555
17505 Bagley Rd
Middleburg Heights, OH 44130
HIGHLIGHTS
- 20-YEAR ABSOLUTE NNN LEASE: Brand new 20-year Absolute NNN lease with attractive 10% rental escalations every 5 years
- OPERATOR | GUARANTORS: Seasoned owner/operator of five successful Popeyes locations throughout Ohio and founder of Sidhu Realty Capital
- The Lease is personally guaranteed by both owner/operators with VERY HIGH COMBINED NET WORTH!
- BRAND NEW CONSTRUCTION: New, high-quality, build-to-suit construction of Popeyes newest prototype - slated to open September 2025
- TRAFFIC COUNTS: Positioned on a ±0.76-acre lot with great access/visibility on Bagley Rd (main east/west thoroughfare) with traffic counts 24,721 CPD
- 2024 DEMOGRAPHICS: Total Population (5MI): 177,379| Average Household Income (1MI): $100,179
FOR SALE DETAILS
PRICE
$2,917,000 USD
PRICE/SF
$1,394 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
POPEYES - MIDDLEBURG HEIGHTS, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.76 AC
LAND SF
33,106 SF
ZONING
C
APN/PARCEL ID
373-23-049
ASK ABOUT THIS PROPERTY
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480-718-5555
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480-718-5555
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