34400 Euclid Ave - Fast Food FOR SALE


Willoughby, OH 44094- Downtown Willoughby
$1,729,000 USD
480-718-5555
34400 Euclid Ave, Willoughby, OH for Sale
$1,729,000 USD
Fast Food - FOR SALE
1/8
null | 6.25% Cap Rate

34400 Euclid Ave
Willoughby, OH 44094
Downtown Willoughby


HIGHLIGHTS

  • 15-YEAR ABSOLUTE NNN LEASE: Over 15 years remaining on initial 20-year Absolute NNN lease with attractive 7.00% rental escalations
  • OPERATOR | TENANT: Parent Company of KBP Foods operates ±1,055 locations across 4 brands in 32 states. Tenant - FQSR, LLC
  • Encompasses ±800 locations (+20% of KFC locations in the U.S. system) with anticipated sales in excess of $1.1 billion in 2025
  • TRAFFIC COUNTS: Positioned on a ±0.746-acre parcel, this property offers prime visibility and convenient access along US-20/Euclid Ave
  • Traffic counts of 23,248 CPD!
  • AFFLUENT 2025 DEMOGRAPHICS: Total Population (5MI): 123,923 | Average Household Income (1MI): $97,917

OVERVIEW

(Building & Land) Fee Simple

FOR SALE DETAILS

PRICE

$1,729,000 USD

PRICE/SF

$730 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

KFC – WILLOUGHBY, OH

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Bank, Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1997

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.74 AC

LAND SF

32,234 SF

ZONING

C

APN/PARCEL ID

27-A-006-0-00-048

ASK ABOUT THIS PROPERTY

Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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Kendall CarlsenCommercial Investment Advisors, INCMore Info
480-718-5555

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