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1800 W 1st St
Springfield, OH 45504

Applebee's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,478 SF
Building Class
B
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.79 AC
Zoning
C
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
115 FT on W First St

About 1800 W 1st St , Springfield, OH 45504

Long-term lease with exceptionally strong sales and healthy rent-to-sales ratio. Fee simple interest in land and free-standing building improvements under a single tenant absolute (NNN) net lease with the world's second largest Applebee's franchisee. Over 17 years remain on a long-term 20-year base lease, and two 5-year options to extend. Applebee's opened this location in 1995 and completed an extension renovation in 2015. Contact broker for further details. Property is situated in the primary retail district of Springfield, Ohio on the south side of Springfield Commons and North Bechtle Square. Intersection of Highway 68 and Route 41. Surrounded by a large number of national retailers. Population is over 80,000 and average household income is over $50,000 in a 5 mile radius.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
33-00600-01200-0206
Land Assessment
$109,140
Improvements Assessment
$783,010
Total Assessment
$892,150
  • Listing ID: 3779137

  • Date on Market: 9/24/2016

  • Last Updated:

  • Address: 1800 W 1st St, Springfield, OH 45504

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