4100 Medina Rd
Akron, OH 44333
Copley/Fairlawn
HIGHLIGHTS
- Long-Term Absolute NNN Ground Lease - 12+ years remaining with zero landlord responsibilities and 4 (5-year) renewal options
- Brand New 2023 Construction - Most recent Arby’s prototype building with doube drive-thru accessibility and ample parking
- Inflation Protection - Rent is scheduled to increase 8% every 5 years, including options
- Rare Corporate Lease - RTM Operating Company, LLC, operating ~3,400 locations nationwide
- Densely Populated and Affluent Trade Area - 63,000 residents within 5 miles with an average household income of approximately $154,800
- Strong Traffic / Excellent Visibility - Located on Medina Road (37,894 VPD) at the on-ramp to I-77 (75,508 VPD)
FOR SALE DETAILS
PRICE
$2,321,428 USD
PRICE/SF
$1,006 USD /SF
CAP RATE
5.6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
ON GROUND LEASE
Yes
BUILDING DETAILS
PROPERTY NAME
Arby's - Fairlawn, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Fast Food, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2023
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.65 AC
LAND SF
28,314 SF
ZONING
C
APN/PARCEL ID
15-00956
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619-997-1242
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619-997-1242
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