About This Restaurant
Investment Highlights
Accomplished Restaurant Chain with Bob Evans Corporate Guaranty Absolute NNN Lease with Annual Rent Increases Strategically Positioned Between Multiple Schools and The Bucyrus Hospital 24-Year Operating History with New 20-Year Lease 19+ Years Remaining on Base Lease Term with Renewal Option Periods Adjacent to Hotels & Industrial Park
Executive Summary
In association with: David Clary, OH Lic. # BRKA.2021000444
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant
- Building Size 3,832
- Building Class C
- Year Built 1990
- Price 2,100,000
- Price Per SF 548
- Cap Rate 7
- NOI 147,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.08
- Land Acres 1.11 AC
- Opportunity Zone Yes State officials designate a portion of qualified Census Tracts to be Opportunity Zones. Certain investments in Opportunity Zones may be eligible for preferential tax treatment.
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
Property Taxes
| Parcel Number | 22-0004908.000 09-0003928.001 09-0004054.000 | Improvements Assessment | $11,070 |
| Land Assessment | $102,260 | Total Assessment | $113,330 |
| Date Created: | 2024-07-16 04:18:04 | Last Updated: | 2024-07-16 04:18:04 |
| Address: | 1517 N Sandusky Ave , Bucyrus, Ohio, 44820 | ||