About This Restaurant
Investment Highlights
Outparcel to a Save A Lot Grocery Anchored Shopping Center Covered Land Play For an Investor to Generate Income While Planning New Development Strong Demographics With a Population of 347,421 Residents Making an Average Household Income of $67,736 Within a 5-Mile Radius The Commonwealth Companies Plans to Spend $14 Million On a New 48 Unit Senior Housing Development Set to Open in 2025 Located Just Off Puritas Avenue, Which Sees Over 12,509 VPD Nearby Retailers Include: CVS, Save A Lot, AutoZone, Burger King, McDonald?s, Walgreens and Many More
Executive Summary
Sands Investment Group is Pleased to Exclusively Offer For Sale the 1,536 SF Pizza Hut Modified Gross Located at 14129 Puritas Avenue in Cleveland, OH. This Deal is Outparcel to a Save A Lot Grocery Anchored Shopping Center, Providing For a Secured Investment.In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker ? Lic. #REC.2020005946 BoR: ScoTT Reid ? Lic. OH #BRKP.2020001224
Property Details
- Sale Type Investment
- Property Type Retail
- Property Subtype Freestanding Freestanding General Retail Fast Food General Retail Restaurant General Retail Storefront Freestanding
- Building Size 1,536
- Building Class C
- Year Built 1962
- Price 399,000
- Price Per SF 260
- Cap Rate 4.76
- NOI 19,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.09
- Land Acres 0.39 AC
Amenities
- Pylon Sign
- Signage
Property Taxes
| Parcel Number | 023-22-004 | Improvements Assessment | $25,410 |
| Land Assessment | $28,210 | Total Assessment | $53,620 |
| Date Created: | 2024-07-16 04:18:04 | Last Updated: | 2024-07-16 04:18:04 |
| Address: | 14129 Puritas Ave , Cleveland, Ohio, 44135 | ||