853 S 30th St - Fast Food FOR SALE


Heath, OH 43056
$3,089,948 USD
512-573-0101
853 S 30th St, Heath, OH for Sale
$3,089,948 USD
Fast Food - FOR SALE
1/4
null | 5.75% Cap Rate

853 S 30th St
Heath, OH 43056


HIGHLIGHTS

  • Largest Bojangles Franchisee
  • 2023 Construction
  • Dense Retail Corridor
  • Outstanding Demographics

OVERVIEW

Stonecliff is pleased to present the fee-simple interest in a brand-new, single-tenant Bojangles located in Heath, Ohio. This property represents an exceptional investment opportunity due to its long-term lease, structured rental increases, and prime retail location. BOJ of WNC recently executed a new 16-year absolute NNN lease, featuring 7% rental increases throughout the initial term and at the beginning of each of the three (5-year) renewal options, ensuring a steady and growing NOI while providing a hedge against inflation. The absolute NNN lease structure places all expenses—including CAM, taxes, insurance, and maintenance—on the tenant, eliminating landlord responsibilities and making this an ideal, management-free investment for passive, out-of-state buyers. Strategically positioned in a dense retail corridor, the property benefits from its proximity to major national retailers such as Raising Cane’s, Chase Bank, Old Navy, Aldi, and Red Lobster, as well as several anchor tenants including Lowe’s, Walmart, and Best Buy. Additionally, the site is located near Indian Mound Mall, home to AMC Theatre, JCPenney, and Dick’s Sporting Goods, further driving consistent consumer traffic. The off-corner location at Hebron Rd & South 20th Street, with a traffic count of 33,074 VPD, offers excellent visibility and accessibility

FOR SALE DETAILS

PRICE

$3,089,948 USD

PRICE/SF

$1,043 USD /SF

CAP RATE

5.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Bojangles

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2023

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.93 AC

LAND SF

40,511 SF

ZONING

-

APN/PARCEL ID

030-088608-00.001

ASK ABOUT THIS PROPERTY

Teddy LeonardStonecliff Real EstateMore Info
512-573-0101

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Teddy LeonardStonecliff Real EstateMore Info
512-573-0101

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