2300 Cooper Foster Park Rd W - Restaurant FOR SALE
Lorain, OH 44053 |
$2,039,000 USD
216-381-8200
2300 Cooper Foster Park Rd W
Lorain, OH 44053
HIGHLIGHTS
- Pizza Hut (Yum! Brands, Inc. Subsidiary), is the Largest Worldwide Ready-to-Order Pizza Chain
- Absolute NNN Lease Provides a Passive Income Stream
- 17 Years Remaining on Fresh 20 Year Base Lease Term
- Annual Rental Increases of 1.75% Begin March 1, 2028 and Creates Growing NOI and a Hedge Against Inflation
FOR SALE DETAILS
PRICE
$2,039,000 USD
PRICE/SF
$640 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1986
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
02-02-003-103-031
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216-381-8200
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216-381-8200
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