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Restaurant

P.F. Chang's Ground Lease

2300 Village Dr E, Maumee, OH 43537

Listing Price: $2,043,250

Cap Rate
6.00%
Tenant Name
P.F. Chang's
Years Remaining On Lease
4.0
Guarantor
Corporate Guarantee
Rentable SF
8,376
Lease Type
Ground Lease
Rent Per Square Feet
$14.64

Investment Overview

Subject is a Prime 8,376 Square-Foot Build-to-Suit P.F. Chang’s on a 0.38-Acre Lot with Ample Parking, Easy Ingress/Egress, Strategically Located on a Hard Corner in the Upscale Fallen Timbers Outdoor Mall. Ground Lease with Over Four Years Remaining and Zero Landlord Responsibility | 1 x 5-Year Option.

Investment Highlights

  • Robust Traffic Counts on Fallen Timbers Lane (5,448) and Russel Road (4,326 VPD), a Tenth of a Mile off of Highway 24 (43,836 VPD) (Source: LandVision, CoStar, 2022)
  • Located in The Shops at Fallen Timbers, an Outdoor Lifestyle Center | National Retailers Include: JCPenney, Barnes & Noble, Dillard's, Kay Jewelers, Men's Warehouse, Red Robin, University of Toledo
  • Affluent Community with an Average Household Income of Over $132,000 Within One Mile of the Subject Asset, as of 2022
  • Parks and Outdoor Recreational Facilities Nearby Include: Sidecut Metro Park, Toledo Zoo, Toledo Museum of Art, Toledo Country Club, Maumee Bay State Park Beach, Audubon Islands, and More
  • Subject is Less than 12 Miles from Downtown Toledo with a Population of 268,508 and Nine Miles from Toledo Express Airport, Serving a Quarter of a Million Passengers Annually (www.toledoexpress.com)

Exclusively Listed By

  • Jesse Limon

    Licensed Real Estate Salesperson

    (212) 430-5291

    Email Jesse

    License(s): IN: RB14048415, NY: 10401271892

    Manhattan

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s) OH: BRK.2007005898

    Ohio

Restaurant

P.F. Chang's Ground Lease

Listing Price: $2,043,250

Cap Rate
6.00%
Tenant Name
P.F. Chang's
Years Remaining On Lease
4.0
Guarantor
Corporate Guarantee
Rentable SF
8,376
Lease Type
Ground Lease
Rent Per Square Feet
$14.64

Investment Highlights

  • Robust Traffic Counts on Fallen Timbers Lane (5,448) and Russel Road (4,326 VPD), a Tenth of a Mile off of Highway 24 (43,836 VPD) (Source: LandVision, CoStar, 2022)
  • Located in The Shops at Fallen Timbers, an Outdoor Lifestyle Center | National Retailers Include: JCPenney, Barnes & Noble, Dillard's, Kay Jewelers, Men's Warehouse, Red Robin, University of Toledo
  • Affluent Community with an Average Household Income of Over $132,000 Within One Mile of the Subject Asset, as of 2022
  • Parks and Outdoor Recreational Facilities Nearby Include: Sidecut Metro Park, Toledo Zoo, Toledo Museum of Art, Toledo Country Club, Maumee Bay State Park Beach, Audubon Islands, and More
  • Subject is Less than 12 Miles from Downtown Toledo with a Population of 268,508 and Nine Miles from Toledo Express Airport, Serving a Quarter of a Million Passengers Annually (www.toledoexpress.com)

Investment Overview

Subject is a Prime 8,376 Square-Foot Build-to-Suit P.F. Chang’s on a 0.38-Acre Lot with Ample Parking, Easy Ingress/Egress, Strategically Located on a Hard Corner in the Upscale Fallen Timbers Outdoor Mall. Ground Lease with Over Four Years Remaining and Zero Landlord Responsibility | 1 x 5-Year Option.

Exclusively Listed By

  • Jesse Limon

    Licensed Real Estate Salesperson

    (212) 430-5291

    Email Jesse

    License(s): IN: RB14048415, NY: 10401271892

    Manhattan

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (614) 360-9800

    License(s): OH: BRK.2007005898

    Ohio

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