Listed by Hanna Commercial Real Estate
$525,000
6736 E Main Street
Details
APN 060-005194
Property Type Retail
Sub Type Restaurant
Square Footage 2,614
Net Rentable (SqFt) 2,614
Units 1
Cap Rate 5.41%
NOI $28,380
Occupancy 100%
Tenancy Single
Brand/Tenant Pizza Hut
Lease Type NNN
Lease Term 57.6
Lease Expiration 09/19/2027
Remaining Term 1.2
Rent Bumps No
Lease Options No
Pro-Forma Cap Rate 5.41%
Pro-Forma NOI $28,380
Price per SqFt $201
Broker Co-Op Yes
Class B
Year Built 1972
Buildings 1
Acreage 0.560
Zoning Commercial
Parking Spaces 25 spaces
Parking per 1,000 SqFt 9.56
Investment Type Owner/User
Lease Commencement 03/01/1970
Occupancy Date 09/29/2027
Ground Lease No
Ceiling Height 12
2,641 SF QSR on .57 acres high on E. Main St. ibn Reynoldsburg. Short term NNN lease w/no renewal.
Investment highlights
- 2,541 SF Freestanding QSR on .56 acres in Reynoldsburg, OH
- Pizza Hut 30 year plus tenant lease expiration 09/2027 with no options
- Ideal for new QSR or owner occupied user
Listing Contacts
Listed by Hanna Commercial Real Estate
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$28,380.00
$2,365.00/mo
Valuation Metrics
0
DSCR
5.41%
Cap Rate
5.41%
ROI
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