5205 Milan Rd - Restaurant FOR SALE
Sandusky, OH 44870 |
5205 Milan Rd
Sandusky, OH 44870
HIGHLIGHTS
- Corporate-backed lease with Olive Garden, a subsidiary of Darden Restaurants Inc, a publicly traded restaurant operator of over 1,000 locations
- No landlord responsibilities with a NNN ground lease at a below-market rent.
- Positioned on the southeast side of Sandusky, which is experiencing substantial population growth, with a projected increase of 5.8% from 2022 to 2028
- Located in Crossings of Sandusky, a strong performing shopping center, including tenants such as Sam’s Club, Kohl’s, Dollar Tree, and Petco.
- In a prominent retail corridor at the intersection of Milan Rd and the 2 Freeway, the primary arterial into Sandusky, with frontage on Milan Road.
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Olive Garden at Crossings of Sandusky
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
7685
STORIES
1
YEAR BUILT
2006
SPRINKLERS
-
PARKING SPACES
137
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
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APN/PARCEL ID
32-03439-000,32-03439-002
