About This Restaurant
Investment Highlights
Brand New Construction Starbucks Drive-thru Only Store with 9.75 Years Remaining in Dover, OH Drive-thru Only Store, Opened in June 2023 ? No Dining Room; Latest Prototype & Future of QSR Coffee Retail Highway-Exit Location: Just 0.25-Mile from I-77 Exit Ramps (39,266 VPD) Double-Net Lease with Minimal Landlord Responsibilities Developed as 2nd SBUX in Market to Relieve Traffic at Only Other Existing SBUX Location in Market (5 Miles S) which is the #1-Ranked Starbucks in OH 10% Rent Increases in Current Term and Options
Executive Summary
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
- Building Size 930
- Year Built 2023
- Price 2,280,000
- Price Per SF 2,452
- Cap Rate 5.70
- NOI 130,000
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.03
- Land Acres 0.64 AC
Property Taxes
| Parcel Number | 1505022012 | Improvements Assessment | $1,006,960 |
| Land Assessment | $0 | Total Assessment | $1,006,960 |
| Date Created: | 2024-07-16 04:18:06 | Last Updated: | 2024-07-16 04:18:06 |
| Address: | 183 W Ave , Dover, Ohio, 44622 | ||