3170 Towne Blvd - Restaurant FOR SALE
Middletown, OH 45044 |
$1,488,000 USD
310-907-6102
3170 Towne Blvd
Middletown, OH 45044
HIGHLIGHTS
- STEAK N SHAKE RECENTLY EXERCISED THEIR OPTION
- Steak ‘n Shake recently exercised their renewal option, extending the lease through February 2029.
- AMPLE PARKING & LOT SIZE:
- Situated on a ±1.50-acre lot with 67 parking spaces, supporting a range of potential uses.
- HIGH-PROFILE RETAIL CORRIDOR WITH MAJOR REDEVELOPMENT ACTIVITY
- Strategically located next to Walmart Supercenter and Lowe’s Home Improvement, and surrounded by top national retailers including Kohl’s, Kroger, Petc
FOR SALE DETAILS
PRICE
$1,488,000 USD
PRICE/SF
$400 USD /SF
CAP RATE
5.69%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
STEAK 'N SHAKE
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1994
SPRINKLERS
-
PARKING SPACES
67
LAND DETAILS
LAND ACRES
1.5 AC
LAND SF
65,340 SF
ZONING
-
APN/PARCEL ID
2300524,2300532
ASK ABOUT THIS PROPERTY
Please correct the highlighted field(s).
310-907-6102
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
Please correct the highlighted field(s).
310-907-6102
By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.
