1514 Mount Vernon Ave | Marion, OH 43302
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This Retail Property is no longer advertised on LoopNet.com.
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
Links
PROPERTY TAXES
Parcel Number | 20-0110005.601 | Improvements Assessment | $279,740 |
Land Assessment | $49,600 | Total Assessment | $329,340 |
PROPERTY TAXES
Parcel Number
20-0110005.601
Land Assessment
$49,600
Improvements Assessment
$279,740
Total Assessment
$329,340
Learn More About Investing in Retail Properties
Listing ID: 27469686
Date on Market: 1/9/2023
Last Updated:
Address: 1514 Mount Vernon Ave, Marion, OH 43302
The Retail Property at 1514 Mount Vernon Ave, Marion, OH 43302 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.
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