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Restaurant

Bob Evans

1726 E Wooster St, Bowling Green, OH 43402

Listing Price: $4,089,204

Cap Rate
5.40%
Tenant Name
Bob Evans
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
5,007
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.10

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Bob Evans located at 1726 E Wooster Street, Bowling Green, OH. The property consists of 5,007 square feet of building space and is situated on approximately 1.14 acres of land. The property is subject to a 20-year triple-net (NNN) lease that commenced on April 28, 2017. There are 2%annual rental increases that will continue through six, five-year tenant renewal options. There are 15 years remaining on the base term of this lease.

Investment Highlights

  • Long Term 20-Year Triple-Net (NNN) Lease With Zero Landlord Responsibilities And 15-Years Remaining On The Base Term
  • Attractive Two Percent Annual Rental Escalations
  • High Performing Site | Contact Broker For Additional Information

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Listing Price: $4,089,204

Cap Rate
5.40%
Tenant Name
Bob Evans
Years Remaining On Lease
15.0
Guarantor
Corporate Guarantee
Rentable SF
5,007
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$44.10

Investment Highlights

  • Long Term 20-Year Triple-Net (NNN) Lease With Zero Landlord Responsibilities And 15-Years Remaining On The Base Term
  • Attractive Two Percent Annual Rental Escalations
  • High Performing Site | Contact Broker For Additional Information

Investment Overview

Marcus & Millichap is pleased to present the exclusive listing for a Bob Evans located at 1726 E Wooster Street, Bowling Green, OH. The property consists of 5,007 square feet of building space and is situated on approximately 1.14 acres of land. The property is subject to a 20-year triple-net (NNN) lease that commenced on April 28, 2017. There are 2%annual rental increases that will continue through six, five-year tenant renewal options. There are 15 years remaining on the base term of this lease.

Exclusively Listed By

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

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