Bob Evans

6,069 SF | Retail Building | Sidney, OH 45365 | $2,502,500 ($412/SF) | 7% Cap Rate

Date Added:
May 17, 2024
Days on Market:
28 days

Asking Price $2,502,500

Property Type
Retail, Restaurant
Square Feet
6,069 SF
Price / Square Foot
$412

Listing Contacts

Glen Kunofsky
Glen Kunofsky
Verified Profile
Matthew Anuszkiewicz
Matthew Anuszkiewicz
Verified Profile
  • Property Info

Property Overview

NNN Pro is pleased to present the exclusive listing for a Bob Evans located
at 1870 W. Michigan St., Sidney, OH, 45365. The site consists of roughly
6,069 rentable square feet of building space on an estimated 1.77-acre
parcel of land. This Bob Evans is subject to a 20-year Triple Net (NNN) lease,
which commenced 4/28/2017. The current annual rent is $175,175 and has
scheduled increases of 2.00% Annually.

Property Details

Year Built/Renovated
1995/2011
Stories
1
Lot Size (sq. ft)
77,101 SF

Highlights

  • Absolute Triple Net Lease Zero Landlord Responsibilities
  • Attractive Rental Increases 2.00% Annually
  • Affluent Community Average Income Exceeds $75,000 Within a Five-Mile Radius of The Subject Property

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