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2487 Parkman Rd
Warren, OH 44485

McDonald's · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
4,000 SF
Building Class
C
Year Built/Renovated
2000/2018
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.30 AC
Zoning
Commercial
Parking
46 Spaces
Frontage
62 FT on Parkman Rd

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

PROPERTY TAXES

Parcel Number
39-569326
Land Assessment
$70,250
Improvements Assessment
$145,180
Total Assessment
$215,430
  • Listing ID: 14510551

  • Date on Market: 11/29/2018

  • Last Updated:

  • Address: 2487 Parkman Rd, Warren, OH 44485

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