863 E Arlington Rdg - Fast Food FOR SALE
Akron, OH 44312 |
$2,350,000 USD
512-528-3122
863 E Arlington Rdg
Akron, OH 44312
HIGHLIGHTS
- For 2 Consecutive Years, Site Selection Magazine Ranked Akron #2 Among Metros With Populations of 200,000 to 1 Million
- Strength in a Reliable Tenant: Personal Guarantee and OH Steakburgers, LLC Guarantee
- 7.5% Rent Increases Every 5 Years and at Each Three, 5 Year Option
- Freddy's Frozen Custard & Steakburgers is a Leading Fast-Casual Franchise Concept With Well Over 500 Locations Across 36 States
- Located Conveniently Off of S Arlington Road - Which Sees Over 26,000 Vehicles Per Day
- National Surrounding Retailers in the Immediate Area Include Target, Taco Bell, Chipotle, Five Guys, Wendy's Burger King, Bob Evans Etc.
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,600 SF Freddy's Frozen Custard Located at 863 Arlington Ridge East in Akron, OH. This Deal Includes 7.5% Rent Increases Every 5 Years and at Each 5 Year Option, Providing For a Secure Investment.
In Cooperation With ParaSell, Inc. , A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
FOR SALE DETAILS
PRICE
$2,350,000 USD
PRICE/SF
$904 USD /SF
CAP RATE
7.74%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Freddy's Frozen Custard - Akron, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2019
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
-
APN/PARCEL ID
28-15911
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512-528-3122
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512-528-3122
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