26324 Lorain Rd - Freestanding FOR SALE
North Olmsted, OH 44070 |
26324 Lorain Rd
North Olmsted, OH 44070
HIGHLIGHTS
- Brand-New Construction Arby’s 15-Year Ground Lease in North Olmsted, OH
- 44,900 Cars/Day at Signalized Intersection of Lorain/Brookpark Roads
- Relocation & Franchisee-to-Corporate Transition of Arby’s Store #4 (In Operation Since the 1960’s on Adjacent Lot)
- Full Corporate Guaranty from Arby’s Restaurant Group, Inc.; Corporately- Owned RTM Operating Company, LLC Lessee Entity
- True Abs NNN Lease with ZERO Landlord Responsibilities – Tenant Maintains All Capital Items, Pays Taxes Direct, Carries All Insurance, etc.
- Arby’s “Inspire” Prototypical Structure with Double Drive-Thru; Modern All-Brick Façade
FOR SALE DETAILS
PRICE
-
CAP RATE
-
% LEASED
-
TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Arby's – New 15-Yr Corporate ABS NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant
TOTAL BUILDING SIZE
2332
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
-
LAND SF
-
ZONING
-
APN/PARCEL ID
232-28-025
