2001 E Main St - Restaurant FOR SALE


Springfield, OH 45503
$1,500,000 USD
502-442-7079
2001 E Main St, Springfield, OH for Sale
$1,500,000 USD
Restaurant - FOR SALE
1/8
null | 6% Cap Rate

2001 E Main St
Springfield, OH 45503


HIGHLIGHTS

  • 15-Year Sale-Leaseback | Franchisee Guaranteed Ground Lease | Scheduled Rental Increases | Strong Franchisee
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Signalized, Hard-Corner Intersection | Strong Frontage Visibility | Dense Retail Corridor | Strong National/Credit Presence
  • Strong Demographics in the Immediate Trade Area

OVERVIEW

• The tenant will execute a brand new 15-year lease at close of escrow with (4) 5-year renewal options, demonstrating long-term commitment to the site • Brew Team OH, LLC franchisee guaranteed ground lease • The franchisee, Brew Team OH, LLC, currently operates 11 locations and is actively expanding, with plans to reach 13 stores by June 30, 2026, and 20 locations by year-end 2026 • The lease features 10% rental increases every five years throughout the lease and at the beginning of each option period

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$2,941 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew | Absolute NNN Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.47 AC

LAND SF

20,473 SF

ZONING

CC-2

APN/PARCEL ID

34-00700-02331-4057

ASK ABOUT THIS PROPERTY

Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

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Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

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