311 Lincoln Hwy - Freestanding FOR SALE
Minerva, OH 44657 |
$1,085,662 USD
858-373-3184
311 Lincoln Hwy
Minerva, OH 44657
HIGHLIGHTS
- 16+ Year Absolute Net Lease (Zero Landlord Obligations) Featuring 1.75% Annual Rental Increases.
- Property Sits Directly on U.S. Route 30 (Lincoln Highway), providing Excellent Visibility, steady Traffic Counts, and Convenient Regional Access.
- SFR XI Holdings, LLC is One of the Largest Pizza Hut Franchisees, Operating more than 120+ Pizza Hut Restaurants.
- Nearby Minerva Municipal Park, Athletic Fields, and Youth Sports Facilities Generate Consistent Family Traffic Year-Round.
- Employers such as PCC Airfoils, Minerva Dairy and MAC Trailer located in Close Proximity, anchor the Local Economy with Hundreds of Jobs.
- Walking Distance from Numerous Schools including Minerva High, Middle, and Elementary Schools serving over 1,200 Students combined.
OVERVIEW
Pizza Hut | 16+ Year Absolute Net Lease | 1.75% Annual Rental Increases | Top Rated Franchisee with 120+ Active Units | Along U.S. Route 30 - Major East–West Transportation Artery | Walking Distance from Numerous Schools | Near Parks, Athletic Fields & Youth Sports Facilities
Ohio Broker of Record: Michael Glass | 500 Neil Ave., Ste. 100 Columbus, OH 43215 | P: (614) 360-9800 | Lic. # BRK.2007005898 | Michael.Glass@MarcusMillichap.com
FOR SALE DETAILS
PRICE
$1,085,662 USD
PRICE/SF
$413 USD /SF
CAP RATE
6.5%
% LEASED
-
TENANCY
-
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
PIZZA HUT - TOP RATED FRANCHISEE | NNN
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Freestanding
ADD'L SUBTYPES
Fast Food, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1969
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.33 AC
LAND SF
14,375 SF
ZONING
-
APN/PARCEL ID
04200630
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858-373-3184
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858-373-3184
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