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28857290
28857291

2647 Navarre Ave, Oregon, OH 43616

PK
CO CO ER100016698, TX TX 9013356 (+1)
Transworld Commercial Real Estate
JR
CO 100099123
Transworld Commercial Real Estate
Listed by Transworld Commercial Real Estate
$1,275,000
181 days on market
Updated 6 days ago

ARBY'S OREGON, OH

Details
Property Type Retail
Sub Type Restaurant
Square Footage 3,743
Units 1
Cap Rate 5.05%
NOI $64,350
Tenancy Single
Brand/Tenant Arby's
Lease Type NNN
Price per SqFt $341
Year Built 1995
Year Renovated 2017
Buildings 1
Stories 1

Retail | 5.05% CAP | 3,743 SqFt

Marketing description

This absolute NNN corporate backed investment features a fee simple

freestanding 3,746 SF quick service restaurant constructed in 1995 and fully

renovated in 2017. The building is in excellent overall condition and offers a

functional layout with one drive through lane and interior seating for

approximately 80 guests. The property is well positioned for long term stability

with a strong corporate Arby’s tenant in place.

Investment highlights

The property is located along a high visibility commercial arterial with strong

frontage along Navarre Avenue, one of the primary retail corridors in Oregon,

Ohio. The area benefits from a dense mix of national retailers, restaurants,

services, and daily traffic drivers. The Oregon Town Center mixed-use

development is currently under construction one block SE of the property and is

expected to elevate demand and activity throughout the corridor. The

immediate trade area continues to demonstrate strong commercial

performance, making this location well suited for long term tenancy and

investment stability

Listing Contacts

PK
CO CO ER100016698, TX TX 9013356 (+1)
Transworld Commercial Real Estate
JR
CO 100099123
Transworld Commercial Real Estate
Listed by Transworld Commercial Real Estate

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$64,350.00
$5,362.50/mo

Valuation Metrics

0
DSCR
5.05%
Cap Rate
5.05%
ROI

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