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1514 Mount Vernon Ave
Marion, OH 43302

Applebee's · Retail Property For Sale

Investment Highlights

  • Early Extension – Tenant elected to exercise the first option 3-years prior to the expiration of the term, showing a strong commitment to the location
  • Increasing Sales Volume – Exceptional store sales which have been steadily increasing for the past few years (see broker for details)
  • RMH Franchise Corporation is second largest Applebee’s franchisee with over 150+ locations across of the United States
  • NNN Lease Structure – Ideal for out of state investors
  • Recent Acquisition of Operator – In 2021, a subsidiary of Sun Holdings acquired RMH Franchise Corp
  • Great visibility – This restaurant sits on Mount Vernon Ave which benefits from more than 24,000 VPD

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,448 SF
Building Class
B
Year Built/Renovated
1999/2004
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
1.18 AC
Zoning
C
Frontage
100 FT on Mount Vernon Ave

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
20-0110005.601
Land Assessment
$49,600
Improvements Assessment
$279,740
Total Assessment
$329,340
  • Listing ID: 27469686

  • Date on Market: 1/9/2023

  • Last Updated:

  • Address: 1514 Mount Vernon Ave, Marion, OH 43302

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