6675 Pearl Rd - Fast Food FOR SALE


Parma Heights, OH 44130
$2,688,000 USD
310-362-4303
6675 Pearl Rd, Parma Heights, OH for Sale
$2,688,000 USD
Fast Food - FOR SALE
1/5
null | 6.25% Cap Rate

6675 Pearl Rd
Parma Heights, OH 44130


HIGHLIGHTS

  • 15-year Absolute NNN Lease provides hands-off, long-term ownership; Annual Rent Increases
  • Anchor Point Management provides managed services for Pacific Bells, Wingmen V and North American Wax Company that amounts to over 440 units
  • Significant retail node: Located along Giant Eagle, ALDI & BJ’s-anchored retail thoroughfare
  • Strong traffic along Pearl Rd / US-42: 21,000+ VPD; Significant surrounding housing density: 37,000+ households within 3 miles
  • $75,000+ AHHI within 1 Mile
  • Motley 7 Brew operates 22 units (16 in OH, 6 in TX) with development agreements totaling 160 across OH, TX and GA

OVERVIEW

Century Partners Real Estate, Inc. is pleased to offer a 15-year absolute NNN lease with 7 Brew, providing hands-off, long-term ownership with the benefit of annual rent increases. The property is managed by Anchor Point Management, which oversees more than 440 units across nationally recognized brands including Pacific Bells, Wingmen V, and North American Wax Company. Strategically located in a high-traffic retail corridor anchored by Giant Eagle, ALDI, and BJ’s, this asset sits within a thriving commercial node that ensures sustained consumer demand and strong tenant performance.

FOR SALE DETAILS

PRICE

$2,688,000 USD

PRICE/SF

$4,800 USD /SF

CAP RATE

6.25%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew - 15-Year NNN Drive-Thru

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

1.23 AC

LAND SF

53,579 SF

ZONING

Commercial

APN/PARCEL ID

473-25-033

ASK ABOUT THIS PROPERTY

Matt KramerCentury Partners Real Estate Inc.More Info
310-362-4303

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Matt KramerCentury Partners Real Estate Inc.More Info
310-362-4303

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