2665 Navarre Ave - Fast Food FOR SALE


Oregon, OH 43616
$1,500,000 USD
502-442-7079
2665 Navarre Ave, Oregon, OH for Sale
$1,500,000 USD
Fast Food - FOR SALE
1/8
null | 6% Cap Rate

2665 Navarre Ave
Oregon, OH 43616


HIGHLIGHTS

  • 15-Year Sale-Leaseback | Franchisee Guaranteed Ground Lease | Scheduled Rental Increases | Strong Franchisee
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • High Traffic Counts | Strong Frontage Visibility | Dense Retail Corridor | Located Near Multiple Hospitals
  • 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

$1,579 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew | 15yr Sale-Leaseback | Abs NNN GL

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Fast Food, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.29 AC

LAND SF

99,733 SF

ZONING

-

APN/PARCEL ID

44-21274

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.