1180 N Shoop Ave
Wauseon, OH 43567
KFC/A&W - WAUSEON, OH · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Successfully Open & Operating for Decades with an Attractive 8.00% Rent to Sales Ratio! Slated for Remodel in 2023 Showing Tenant’s Commitment
- LOW UNEMPLOYMENT RATE: Ohio’s Rate at 4.7% - National Rate at 6.1% (Bureau of Labor Statistics April 2021)
- Operates ±755 Locations in 30 States (19% of Locations in the U.S. System) and will Generate Sales in Excess of $950 Million in 2021
- Great Visibility on N Shoop Ave (Main North/South Thoroughfare) with Traffic Counts Exceeding 14,020 CPD
- 2020 DEMOGRAPHICS (5-MI): Total Population: 11,545 | Average Household Income: $77,942
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
2,945 SF
Building Class
B
Year Built/Renovated
1979/2011
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.92 AC
Zoning
B2
AMENITIES
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Drive Thru
- Air Conditioning
PROPERTY TAXES
| Parcel Number | 06-015388-00.000 | Improvements Assessment | $204,930 |
| Land Assessment | $52,360 | Total Assessment | $257,290 |
