8934 Brecksville Rd | Brecksville, OH 44141
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- LoopNet Team
8934 Brecksville Rd
Brecksville, OH 44141
Net-Leased Blue Habanero Mexican Restaurant · Retail Property For Sale
Investment Highlights
- Prime Bite-Size Single-Tenant Investment Opportunity in Downtown Brecksville (Affluent Cleveland Suburb)
- 4-Unit Corporate Lease Entity/Guaranty; the Ayala Family (Along with Partners) Owns & Operates 28 Restaurants Around Northeast Ohio
- Minimal Landlord Responsibilities with 4% Management Fee taken out of NOI; 7.9% Cap Rate if Self-Managed
- Reported Extremely Strong Sales of $1.8 Million for 2023; Low 5% Rent-to-Sales Ratio
- Base Year Modified NNN Lease Structure Protects Landlord from NOI Slippage Due to any Future Tax or Insurance Increases
- Main & Main Location Just off the Intersection of Route 82 & Route 21 which sees a Combined 35,346 VPD
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,524 SF
Building Class
C
Year Built
1949
Tenancy
Single
Building Height
1 Story
Building FAR
0.48
Lot Size
0.17 AC
Zoning
L-B
Parking
6 Spaces (1.7 Spaces per 1,000 SF Leased)
Frontage
51 FT on Brecksville Rd
Amenities
- Signage
PROPERTY TAXES
| Parcel Number | 601-34-080 | Improvements Assessment | $74,340 |
| Land Assessment | $21,280 | Total Assessment | $95,620 |
PROPERTY TAXES
Parcel Number
601-34-080
Land Assessment
$21,280
Improvements Assessment
$74,340
Total Assessment
$95,620
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