998 East Main St - Fast Food FOR SALE


Jackson, OH 45640
$2,692,308 USD
240-997-1884
998 East Main St, Jackson, OH for Sale
$2,692,308 USD
Fast Food - FOR SALE
1/7
null | 6.5% Cap Rate

998 East Main St
Jackson, OH 45640


HIGHLIGHTS

  • New Construction
  • Attractive Rent Increases
  • Operating Expense Protection
  • Investment Grade Credit
  • Strategic Retail Location
  • High Traffic Counts

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive sale of a corporate leased Starbucks investment property located at 998 E Main Street in Jackson, Ohio (the “Property”). This is a new construction Starbucks that has 9+ years remaining on their lease with four (4), 5-year renewal options. The lease features attractive 10% rent increases every five years throughout the primary lease term and at the start of each renewal option. The Property features Starbucks’ best-in-class drive-thru, and a prominent pylon sign. Starbucks is located along E Main Street (OH Route 93) and enjoys excellent visibility, frontage, and prominent signage. The Property offers convenient access to OH Route 124 and US Route 35, providing efficient connectivity throughout Jackson and Southeastern Ohio. The new construction Starbucks is surrounded by Jackson’s national retailers and restaurants which drive traffic to the area, is approximately 1.5 miles from both Jackson High School and Holzer Medical Center (hospital) and is easily accessible from Jackson’s residential neighborhoods providing a built-in customer base.

FOR SALE DETAILS

PRICE

$2,692,308 USD

PRICE/SF

$1,077 USD /SF

CAP RATE

6.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Starbucks

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.95 AC

LAND SF

41,382 SF

ZONING

-

APN/PARCEL ID

-

ASK ABOUT THIS PROPERTY

Hill KanellosHorvath & TremblayMore Info
240-997-1884

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Hill KanellosHorvath & TremblayMore Info
240-997-1884

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