740 W Market St - Fast Food FOR SALE


Warren, OH 44481- Warren/Niles
$4,071,429 USD
201-661-1238
740 W Market St, Warren, OH for Sale
$4,071,429 USD
Fast Food - FOR SALE
1/3
null | 7% Cap Rate

740 W Market St
Warren, OH 44481
Warren/Niles


HIGHLIGHTS

  • Signalized Corner With Strong Visibility
  • Dense & Established Population Base
  • Surrounded By National Retailers
  • Nearby Schools & Community Anchors

OVERVIEW

Surmount is pleased to present the exclusive listing for a Hot Dog Shoppe located at 740 West Market Street, Warren, OH. The property consists of approximately 3,759 square feet on a 0.44-acre parcel and is strategically positioned at a signalized corner intersection along one of the area’s primary commercial corridors. The asset is secured by a 20-year Triple Net (NNN) lease that commenced April 1, 2021, offering investors a passive ownership structure with minimal landlord responsibilities. The current annual rent of $285,000 features steady 1.50% annual increases, providing built-in income growth and long-term stability.

FOR SALE DETAILS

PRICE

$4,071,429 USD

PRICE/SF

$1,180 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Hot Dog Shoppe

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1964

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.44 AC

LAND SF

19,166 SF

ZONING

-

APN/PARCEL ID

39-067770,39-303650,39-303700,39-337725,39-466175,39-485770

ASK ABOUT THIS PROPERTY

Francis PurritanoSurmountMore Info
201-661-1238

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Francis PurritanoSurmountMore Info
201-661-1238

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