4660 Northfield Rd - Fast Food FOR SALE


North Randall, OH 44128
$1,571,428 USD
561-512-1658
4660 Northfield Rd, North Randall, OH for Sale
$1,571,428 USD
Fast Food - FOR SALE
1/3
null | 5.25% Cap Rate

4660 Northfield Rd
North Randall, OH 44128


HIGHLIGHTS

  • Absolute NNN lease with ±18.5 years remaining and 10% rent increases every 5 years.
  • Current annual rent of $82,500 with projected full basis recapture in base term.
  • Leased to Pacific Bells LLC, a top Taco Bell franchisee with 300+ locations.
  • Outparcel to a top 10% nationally performing Aldi, driving daily traffic.
  • Located just off Hwy 480 with ±144,820 vehicles per day and strong visibility.
  • Dense trade area with 200,000+ residents within a 5-mile radius.

OVERVIEW

Matt Wallace Matthews Real Estate Investment Services, Inc License # REC.2022007141, BRKP.2024002419 (OH) 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

FOR SALE DETAILS

PRICE

$1,571,428 USD

PRICE/SF

$998 USD /SF

CAP RATE

5.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Taco Bell

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2019

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

C-1

APN/PARCEL ID

771-08-015

ASK ABOUT THIS PROPERTY

Jake LurieMatthews Real Estate Investment ServicesMore Info
561-512-1658

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Jake LurieMatthews Real Estate Investment ServicesMore Info
561-512-1658

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