4043 State Route 39, Shelby, OH 44875

2,000 SF | Retail Building | Shelby, OH 44875 | $1,818,542 ($909/SF) | 6% Cap Rate

Asking Price $1,818,542

Sale Condition: Build to Suit
Property Type: Retail, Restaurant
Square Feet: 2,000 SF
Price / Square Foot: $909

Listing Contacts

Tony Anderson

Richard Brehaut

Kent Presson

Christopher Prosser

Scott Budzenski

Property Overview

- LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE
- STRONG FRANCHISEE GUARANTEE – TURBO RESTAURANTS
- LATEST ARBY’S PROTOTYPE WITH DOUBLE DRIVE-THRU
- HOTBED OF AUTO DEALERSHIPS
- STRATEGIC LOCATION

Property Details

Class: B
Year Built: 2017
Stories: 1
Property Subtype: Freestanding, Storefront Retail/Office
Lot Size (sq. ft): 71,438 SF

Highlights

LONG-TERM ABSOLUTE NNN LEASE - Property is subject to an Absolute NNN lease with over 14 yrs remaining, resulting in zero Landlord responsibilities
STRONG FRANCHISEE GUARANTEE - Lease comes with a strong franchisee guarantee from Turbo Restaurants, a 60+ unit Arby’s operator.
LATEST ARBY’S PROTOTYPE WITH DOUBLE DRIVE-THRU - location benefits from being constructed to Arby’s new state of the art double drive-thru model.
HOTBED OF AUTO DEALERSHIPS - Property is located within a stretch containing 4 auto dealerships all within walking distance, which boosts traffic.
STRATEGIC LOCATION - Property benefits from its location next to North Central State College Kehoe Center, (satellite campus) and 13,050 VPD

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