876 W Market St - Fast Food FOR SALE


Tiffin, OH 44883
$1,500,000 USD
502-442-7079
876 W Market St, Tiffin, OH for Sale
$1,500,000 USD
Fast Food - FOR SALE
1/8
null | 6% Cap Rate

876 W Market St
Tiffin, OH 44883


HIGHLIGHTS

  • 14-Years Remaining | Franchisee Guaranteed Ground Lease | Scheduled Rental Increases | Strong Operator
  • Absolute NNN | Leased Fee Ownership | Zero Landlord Responsibilities
  • Outparceled to a Hobby Lobby Anchored Center | Dense Retail Corridor |Westgate Village Shopping Center | Strong Frontage Visibility
  • Strong Demographics in the Immediate Trade Area

OVERVIEW

• The tenant has 14 years remaining on the initial term, with three 5-year renewal options, demonstrating long-term commitment to the site • Brew Team OH, LLC franchisee guaranteed ground lease • The franchisee, Brew Team OH, LLC, currently operates 11 locations and is actively expanding, with plans to reach 13 stores by June 30, 2026, and 20 locations by year-end 2026 • The lease features 10% rental increases every five years throughout the lease and at the beginning of each option period

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$2,521 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

ON GROUND LEASE

Yes

BUILDING DETAILS

PROPERTY NAME

7 Brew | Absolute NNN Ground Lease

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

12

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,492 SF

ZONING

C1

APN/PARCEL ID

44-21274

ASK ABOUT THIS PROPERTY

Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

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Sarah ShanksSRS National Net LeaseMore Info
502-442-7079

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