5606 Milan Rd - Restaurant FOR SALE
Sandusky, OH 44870 |
$1,540,000 USD
909-348-2407
5606 Milan Rd
Sandusky, OH 44870
HIGHLIGHTS
- Walmart Outparcel Location – Situated as an outparcel to a Walmart-anchored center along OH-14 in Streetsboro
- 74,000+ VPD Along Hwy 80 and OH-14 – The site benefits from dual-corridor exposure with direct access to Highway 80 (42,000+ VPD)
- Affluent Demographics – The surrounding trade area features an average household income of $166,000+ within a 5-mile radius
- 19+ Year Operating History | 85+ Unit Franchisee – The Sonic has operated continuously at this location for over 19 years
- Absolute NNN Lease – Long-term absolute NNN lease with approximately 14.3 years of remaining term
FOR SALE DETAILS
PRICE
$1,540,000 USD
PRICE/SF
$1,019 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Sonic Drive-In
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2010
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1.93 AC
LAND SF
83,931 SF
ZONING
-
APN/PARCEL ID
32-03469-000
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909-348-2407
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909-348-2407
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