16677 Southpark Ctr
Strongsville, OH 44136
Freestanding Restaurant at Southpark Mall! · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- The lease is guaranteed by Buca Restaurants, Inc., providing an investor with a strong backing of rental payment and tenant lease obligations
- Absolute NNN – The tenant is responsible for all expenses and maintenance providing an investor with passive income and zero landlord responsibilities
- he Buca Di Beppo property is located right off Royalton Road, which sees north of ±41,000 vehicles per day.
- The property has successfully run as a Buca Di Beppo restaurant for 20+ years. Furthermore, Buca has exercised three (3) lease renewal options
- South Park Mall – The property is an outparcel to the South Park Mall, which is the largest mall in Northeast Ohio.
- Buca di Beppo is situated in the main retail corridor next to many premium national retailers such as Costco, Target, Best Buy, T.J. Maxx, Starbucks
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,563 SF
Building Class
B
Year Built
2003
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.38 AC
Zoning
SC
Parking
120 Spaces (14.01 Spaces per 1,000 SF Leased)
Frontage
PROPERTY TAXES
| Parcel Number | 396-24-004 | Improvements Assessment | $383,775 |
| Land Assessment | $326,025 | Total Assessment | $709,800 |
