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Restaurant

Bob Evans

2648 Colonel Glenn Hwy, Fairborn, OH 45324

Listing Price: $3,640,035

Cap Rate
5.65%
Tenant Name
Corporate
Years Remaining On Lease
12.8
Guarantor
Corporate Guarantee
Rentable SF
5,143
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.99

Investment Overview

Marcus & Millichap is pleased to present the exclusive net-lease offering for the Bob Evans located at 2648 Colonel Glenn Highway, in Fairborn, Ohio. The property consists of approximately 5,143 square feet of building space and is situated on approximately 0.8 acres of land. The property is subject to a long-term triple-net (NNN) lease that commenced on April 28th, 2017. The current rent is $205,662. There are 2.0% annual rental increases that will continue through six, five-year tenant renewal options.

Investment Highlights

  • Long Term Triple-Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Two Percent (2.0%) Annual Rental Escalations
  • Six (6), Five (5) Year Option Periods
  • Strong Corporate Guarantee Backed by Approximately 500+ Corporate Locations

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s) OH: BRK.2007005898

    Ohio

Listing Price: $3,640,035

Cap Rate
5.65%
Tenant Name
Corporate
Years Remaining On Lease
12.8
Guarantor
Corporate Guarantee
Rentable SF
5,143
Lease Type
Triple Net (NNN)
Rent Per Square Feet
$39.99

Investment Highlights

  • Long Term Triple-Net (NNN) Lease with Zero Landlord Responsibilities
  • Attractive Two Percent (2.0%) Annual Rental Escalations
  • Six (6), Five (5) Year Option Periods
  • Strong Corporate Guarantee Backed by Approximately 500+ Corporate Locations

Investment Overview

Marcus & Millichap is pleased to present the exclusive net-lease offering for the Bob Evans located at 2648 Colonel Glenn Highway, in Fairborn, Ohio. The property consists of approximately 5,143 square feet of building space and is situated on approximately 0.8 acres of land. The property is subject to a long-term triple-net (NNN) lease that commenced on April 28th, 2017. The current rent is $205,662. There are 2.0% annual rental increases that will continue through six, five-year tenant renewal options.

Exclusively Listed By

  • Glen D. Kunofsky

    Licensed Associate Real Estate Broker

    (212) 430-5115

    Email Glen

    License(s): NY: 10301203289, NY: 109940808

    Manhattan

Broker of Record

  • Michael L. Glass

    Senior Vice President / Division Manager

    (216) 264-2000

    License(s): OH: BRK.2007005898

    Ohio

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