3056 Graham Rd - Fast Food FOR SALE


Stow, OH 44224
$1,370,000 USD
972-755-5208
3056 Graham Rd, Stow, OH for Sale
$1,370,000 USD
Fast Food - FOR SALE
1/5
null | 5.5% Cap Rate

3056 Graham Rd
Stow, OH 44224


HIGHLIGHTS

  • Triple Net Lease Corporate Burger King with Approximately 10 Years Remaining | Zero Landlord Responsibilities
  • 3,150 SF Building on 2.33 Acre Lot | Listed at $420 Dollars Per Building SF
  • Frontage on the Corner of Both Fishcreek Rd with 20,900 VPD and Graham Rd with 14,200 VPD
  • Three-Mile Population of 49,000 with an Average Household Income of $100,000
  • The Akron MSA has roughly 702,000 Residents and the city of Akron is the County Seat of Summit County
  • This Location is Operated by Carrols Corporation (1,000 Units) which was Recently Acquired by Burger King's Parent company Restaurant Brands Internati

OVERVIEW

Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 3,150-square-foot building on a 2.33-acre at 3056 Graham Road, Stow, Ohio. The property is located in the Akron metroplex that has roughly 702,000 residents. The property is currently leased to Burger King with approximately 10 years remaining. The triple net lease has zero landlord responsibilities and includes annual rental increases of one percent. This location is operated by Carrols Corporation which operates over 1000 Burger Kings and was recently acquired by Burger King's parent company Restaurant Brands International.

FOR SALE DETAILS

PRICE

$1,370,000 USD

PRICE/SF

$435 USD /SF

CAP RATE

5.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Burger King

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1988

SPRINKLERS

-

PARKING SPACES

30

LAND DETAILS

LAND ACRES

2.33 AC

LAND SF

101,495 SF

ZONING

Commercial

APN/PARCEL ID

56-11908

ASK ABOUT THIS PROPERTY

Samuel NoeMarcus & MillichapMore Info
972-755-5208

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Samuel NoeMarcus & MillichapMore Info
972-755-5208

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