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- LoopNet Team
2487 Parkman Rd
Warren, OH 44485
McDonald's · Retail Property For Sale
PROPERTY FACTS
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
Amenities
- Pylon Sign
- Signage
- Drive Thru
About 2487 Parkman Rd , Warren, OH 44485
Real Capital Investments is pleased to offer to qualified investors a rare McDonald’s Corporation ground lease (not McDonald’s USA) situated on approximately 56,698 square feet or 1.302 acres of land. The property is strategically located on Parkman Road in Warren, Ohio. Traffic counts on Parkman Road exceed 13,000 vehicles per day. The property is an outparcel to Trumbull Plaza, which will soon be anchored by Rural King, a very strong regional retail chain of stores that offers products for home improvement, agriculture, lawn and garden maintenance, and livestock, equine and pet care. The lease is an absolute NNN ground lease, the safest type of real estate, with no landlord responsibilities whatsoever, creating a safe, passive income stream for an investor. This is a high performing location for McDonald’s with very high unit volume sales. McDonald’s has successfully operated at this location for 18 years and recently extended the lease by 20 years, providing over 22 years of base term remaining. Additionally, McDonald’s recently remodeled the property at their own expense within the last year and just finished updating the interior of the location to include a new kiosk, which is McDonald’s latest technology advancement.
PROPERTY TAXES
Parcel Number | 39-569326 | Improvements Assessment | $145,180 |
Land Assessment | $70,250 | Total Assessment | $215,430 |
PROPERTY TAXES
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Listing ID: 14510551
Date on Market: 11/29/2018
Last Updated:
Address: 2487 Parkman Rd, Warren, OH 44485
The Retail Property at 2487 Parkman Rd, Warren, OH 44485 is no longer being advertised on LoopNet.com. Contact the broker for information on availability.