342 Pike St - Fast Food FOR SALE


Marietta, OH 45750
$3,414,384 USD
980-498-3293
342 Pike St, Marietta, OH for Sale
$3,414,384 USD
Fast Food - FOR SALE
1/4
null | 5.85% Cap Rate

342 Pike St
Marietta, OH 45750


HIGHLIGHTS

  • ABSOLUTE TRIPLE NET LEASE
  • STRONG BUILT-IN RENT GROWTH
  • LONG-TERM INCOME WITH EXTENSION OPTIONALITY
  • NATIONAL CREDIT TENANT
  • HIGH-TRAFFIC PIKE STREET CORRIDOR
  • PROVEN PERFORMANCE – 10+ YEARS OPERATING

OVERVIEW

Atlantic Capital Partners is pleased to present for sale a single-tenant Taco Bell property located along the Pike Street retail corridor in Marietta, Ohio. The asset offers approximately nine (9) years of remaining lease term through March 31, 2035, with four (4) five-year renewal options providing long-term income continuity. Operated by a large, experienced Taco Bell franchisee, the property is subject to an absolute triple-net (NNN) lease, with the tenant responsible for all taxes, insurance, maintenance, and capital expenditures, delivering a passive and predictable cash flow profile. Annual 1.50% rent escalations throughout the base term and option periods provide consistent NOI growth and inflation protection. Situated on 1.05 acres along Pike Street (Route 7), the property benefits from strong visibility and access along a high-traffic corridor with over 28,300 vehicles per day. Marietta serves as a regional retail and employment hub for southeastern Ohio, supported by stable demand drivers including healthcare, education, and industrial employment, reinforcing the asset’s long-term durability.

FOR SALE DETAILS

PRICE

$3,414,384 USD

PRICE/SF

$1,067 USD /SF

CAP RATE

5.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell - Marietta, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2015

SPRINKLERS

-

PARKING SPACES

39

LAND DETAILS

LAND ACRES

1.05 AC

LAND SF

45,738 SF

ZONING

-

APN/PARCEL ID

2400-86192-000

ASK ABOUT THIS PROPERTY

David HoppeAtlantic Capital PartnersMore Info
980-498-3293

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David HoppeAtlantic Capital PartnersMore Info
980-498-3293

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.