P.F. Chang's | 2300 Village Dr E
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P.F. Chang's 2300 Village Dr E
57,450 SF Retail Building Maumee, OH 43537 $2,140,000 ($37/SF) 5.99% Cap Rate
Investment Highlights
- RARE LOW BASIS GROUND LEASE | UPWARD TRENDING SALES The subject property offers an incoming investor the rare opportunity to acquire a P.F. Chang’s gr
- ACCESS TO MAJOR HIGHWAY SYSTEMS The subject property is located less than one mile from a full interchange of Interstate 475 and State Highway 24 (Ant
- PROXIMITY TO NEWER RESIDENTIAL DEVELOPMENTS & TWO PUBLIC UNIVERSITIES The Shops at Fallen Timbers is bordered to the north by three major, newer housi
- TRAFFIC-DRIVING CO-TENANCY P.F. Chang’s is situated in The Shops at Fallen Timbers, a 1.2 million square foot open-air lifestyle center, developed in
- STRONG DEMOGRAPHIC PROFILE The Maumee area has average household incomes of $115,065 and median home values of $248,962 within a five-mile radius of t
Executive Summary
Mid-America Real Estate Corporation and Anchor Associates, LLC (a licensed Ohio real estate broker) have been retained on behalf of the owner to sell the 100% fee simple interest in a 0.38-acre parcel within The Shops at Fallen Timbers, leased to a P.F. Chang’s China Bistro. This offering provides an investor a NNN ground lease with an established tenant, located in a dominant regional lifestyle center.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Movie Theatre
Building Size
57,450 SF
Year Built
2007
Price
$2,140,000
Price Per SF
$37
Cap Rate
5.99%
NOI
$128,202
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Land Acres
63.61 AC
Zoning
16-CM (Commercial-Industr
PROPERTY TAXES
| Parcel Number | 35-00029 | Improvements Assessment | $15,051,120 |
| Land Assessment | $0 | Total Assessment | $15,051,120 |
PROPERTY TAXES
Parcel Number
35-00029
Land Assessment
$0
Improvements Assessment
$15,051,120
Total Assessment
$15,051,120
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George Ghattas -
Ben Wineman -
Olivia Simmons -
Mid-America Real Estate Corp.
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P.F. Chang's | 2300 Village Dr E
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