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Off Market
1/2

6935 Midway Mall
Elyria, OH 44035


HIGHLIGHTS


OVERVIEW

Colliers International Investment Services has been exclusively retained by the Owner to facilitate the sale of a ground lease Red Lobster restaurant located in Elyria, a suburb of Cleveland, Ohio. The property opened in 1997 and has been operating for over 22 years. The property consists of a 7,172-square-foot building situated on a 1.36-acre parcel. The current base rent totals $96,630 annual income on an absolute net-net-net basis.

FOR SALE DETAILS

PRICE

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CAP RATE

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% LEASED

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TENANCY

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BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

8536

STORIES

1

YEAR BUILT

1997

SPRINKLERS

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PARKING SPACES

75

LAND DETAILS

LAND ACRES

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LAND SF

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ZONING

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APN/PARCEL ID

06-24-031-107-043