313 S State St - Restaurant FOR SALE


Girard, OH 44420
$3,858,257 USD
914-403-7574
313 S State St, Girard, OH for Sale
$3,858,257 USD
Restaurant - FOR SALE
1/3
null | 7% Cap Rate

313 S State St
Girard, OH 44420


HIGHLIGHTS

  • High Visibility Signalized Retail Corridor Location
  • Proximity To Interstate 80 & Regional Traffic Drivers
  • Nearby Schools & Community Anchors Driving Daily Traffic
  • Proximity To Major Employers & Industrial Workforce

OVERVIEW

Surmount is pleased to present the exclusive listing for a Hot Dog Shoppe located at 313 South State Street, Girard, OH 44420. The property consists of approximately 4,408 rentable square feet situated on a 1.14-acre parcel and is strategically positioned along South State Street, a primary commercial corridor within the market. The site benefits from strong visibility and accessibility with traffic counts of approximately 14,750 vehicles per day, as well as close proximity to Interstate 80, providing direct connectivity to the greater Youngstown metropolitan area and surrounding regional markets. The asset is secured by a 20-year Triple Net (NNN) lease that commenced April 1, 2021, featuring an annual rent of $270,078 with 1.50% annual increases, offering steady income growth over the lease term.

FOR SALE DETAILS

PRICE

$3,858,257 USD

PRICE/SF

$897 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hot Dog Shoppe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1993

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.14 AC

LAND SF

49,722 SF

ZONING

-

APN/PARCEL ID

14-300800

ASK ABOUT THIS PROPERTY

914-403-7574

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914-403-7574

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