2300 Village Dr E - Movie Theatre FOR SALE
Maumee, OH 43537 |
$2,140,000 USD
630-954-7398
2300 Village Dr E
Maumee, OH 43537
HIGHLIGHTS
- RARE LOW BASIS GROUND LEASE | UPWARD TRENDING SALES The subject property offers an incoming investor the rare opportunity to acquire a P.F. Chang’s gr
- TRAFFIC-DRIVING CO-TENANCY P.F. Chang’s is situated in The Shops at Fallen Timbers, a 1.2 million square foot open-air lifestyle center, developed in
- ACCESS TO MAJOR HIGHWAY SYSTEMS The subject property is located less than one mile from a full interchange of Interstate 475 and State Highway 24 (Ant
- STRONG DEMOGRAPHIC PROFILE The Maumee area has average household incomes of $115,065 and median home values of $248,962 within a five-mile radius of t
- PROXIMITY TO NEWER RESIDENTIAL DEVELOPMENTS & TWO PUBLIC UNIVERSITIES The Shops at Fallen Timbers is bordered to the north by three major, newer housi
OVERVIEW
Mid-America Real Estate Corporation and Anchor Associates, LLC (a licensed Ohio real estate broker) have been retained on behalf of the owner to sell the 100% fee simple interest in a 0.38-acre parcel within The Shops at Fallen Timbers, leased to a P.F. Chang’s China Bistro. This offering provides an investor a NNN ground lease with an established tenant, located in a dominant regional lifestyle center.
FOR SALE DETAILS
PRICE
$2,140,000 USD
PRICE/SF
$37 USD /SF
CAP RATE
5.99%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
P.F. Chang's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Movie Theatre
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2007
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
63.61 AC
LAND SF
2,770,852 SF
ZONING
16-CM (Commercial-Industr
APN/PARCEL ID
35-00029
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630-954-7398
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630-954-7398
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