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Arby's Ground Lease 7542 Broadview Rd

2,332 SF Retail Building Parma, OH 44131 $1,963,000 ($842/SF) 5.35% Cap Rate

Investment Highlights

  • +/- 19 Years Remaining on Absolute Triple-Net (NNN) Ground Lease - Relocation Store
  • 170,348 Residents within a 5-Mile Radius
  • Near Corner Visible to More Than 32,000 Cars per Day at the Corner of Pleasant Valley Rd and Broadview Rd
  • 10% Increases Every 5 Years
  • Outparcel to TJ Maxx and Acme Market Anchored Shopping Center
  • Over 72,000 Households within a 5-Miles Radius

Data Room Click Here to Access

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Retail
Building Size
2,332 SF
Building Class
C
Year Built
2023
Price
$1,963,000
Price Per SF
$842
Cap Rate
5.35%
NOI
$105,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.82 AC
Frontage
116 FT on Broadview Road

Amenities

  • Drive Thru

Nearby Major Retailers

Bonchon
Planet Fitness
Keybank
Acme Fresh Market
7 Brew Coffee
Starbucks
Burn Boot Camp
Citizens Bank
Fifth Third Bank
Giant Eagle
  • Listing ID: 33323216

  • Date on Market: 9/23/2024

  • Last Updated:

  • Address: 7542 Broadview Rd, Parma, OH 44131

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