22019 Emery Rd - Fast Food FOR SALE


Warrensville Heights, OH 44128
$695,000 USD
216-381-8200
22019 Emery Rd, Warrensville Heights, OH for Sale
$695,000 USD
Fast Food - FOR SALE
1/5
null | 8.5% Cap Rate

22019 Emery Rd
Warrensville Heights, OH 44128


HIGHLIGHTS

  • Two Tenant Asset - Quick Service Restaurant and Automotive
  • Attractive 8.5% Year One Cap Rate
  • Freestanding Buildings with Minimal Landlord Duties
  • Services Nearby 900,000 SF Amazon Fulfillment Center
  • Georgio’s Pizza has Over 40 Store Locations in the Region
  • Starr Automotive has Been a Tenant in the Property Since 1995

OVERVIEW

For sale to qualified investors is a two-building asset in Warrensville Heights, Ohio, leased to Georgio’s Oven Fresh Pizza and Starr Automotive. This property offers the investor with two freestanding buildings featuring valuable restaurant and automotive build outs for an attractive cap rate of 8.5%. The offering includes a freestanding Georgio’s Pizza facing Emery Road, and a freestanding Starr Automotive, who has been a tenant since 1995. Georgio’s is responsible for their own daily property maintenance, leaving minimal landscaping and snowplowing as the landlord responsibility for the Starr Automotive parcel. Within just blocks of the property are national and regional corporations including the North Randall Amazon Fulfillment Center (900,000 SF and 2,000+ employees), JACK Thistledown Racino, Cuyahoga Community College, Heinen’s food manufacturing and many others. Additionally, the property is surrounded by national retailers including ALDI, Wendy’s, KFC, Taco Bell, Popeyes, CVS, Burger King, Sherwin-Williams, Planet Fitness, Save-A-Lot, Subway, and many others.

FOR SALE DETAILS

PRICE

$695,000 USD

PRICE/SF

$290 USD /SF

CAP RATE

8.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

55

LAND DETAILS

LAND ACRES

0.7 AC

LAND SF

30,478 SF

ZONING

U-4C2

APN/PARCEL ID

761-21-003

ASK ABOUT THIS PROPERTY

Kyle HartungGoodman Real Estate Services GroupMore Info
216-381-8200

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Kyle HartungGoodman Real Estate Services GroupMore Info
216-381-8200

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