Restaurant
Taco Bell
11625 OH-588, Bidwell, OH 45614
Listing Price: $2,106,000
Investment Overview
Additional Highlights: • Within a Mile of the University of Rio Grande and Rio Grande Community College, a Public/Private University and Public Community College in One • Also Minutes from the Buckeye Hills Career Center and Rio Grande Elementary and Berry Fine & Performing Arts Center • Blended Cap Rate of 6.32% Over Initial Term with Potential Cap Over Full Lease of 7.68% (assuming list price) • NNN Lease Backed by Expanding 46-Unit Franchisee with Significant Presence across Multiple States and Four National QSR Brands • Nearby Retailers Include McDonald’s, Subway, and Family Dollar • Passive Investment | No Landlord Responsibilities
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
Listing Price: $2,106,000
Investment Highlights
- Brand New 2023 Construction with a Rare 25-YearTriple-Net Lease and Four Five-Year Renewal Options
- Located at the Rio Grande Exit Off Ohio SR-35 with Traffic Counts of more than 18,000 PVD.
- Signalized Hard Corner on the Intersection of W. College Street and OH-588
Investment Overview
Additional Highlights: • Within a Mile of the University of Rio Grande and Rio Grande Community College, a Public/Private University and Public Community College in One • Also Minutes from the Buckeye Hills Career Center and Rio Grande Elementary and Berry Fine & Performing Arts Center • Blended Cap Rate of 6.32% Over Initial Term with Potential Cap Over Full Lease of 7.68% (assuming list price) • NNN Lease Backed by Expanding 46-Unit Franchisee with Significant Presence across Multiple States and Four National QSR Brands • Nearby Retailers Include McDonald’s, Subway, and Family Dollar • Passive Investment | No Landlord Responsibilities
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
