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Analyze more property details including ownership and financial history. Share advanced property insights with your clients and teams.

16677 SOUTHPARK CTR Strongsville OH 44136-9301

[Locked] • APN 39624004

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Details
Property Type Retail
Sub Type Restaurant
Building SqFt 8,563
Lot SqFt 103,498
Acreage ******
Sold Date ******
Sold Price ******
Sold Price/SqFt ******
Zoning Code SC
Year Built 2003
Building Count 1
Opportunity Zone No
Lease Type ******
Lease Term ******
Remaining Term ******
Lease Expiration ******

Property History

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Property Type
Property Type
Retail
Property Subtype
QSR/Fast Food, Restaurant, Storefront
Investment Highlights

INVESTMENT HIGHLIGHTS

• Corporate Guarantee – The lease is guaranteed by Buca Restaurants, Inc., providing an investor with a strong backing of rental payment

and tenant lease obligations, for long-term secure cash flow.

• Long-Term Operating History – The property has successfully run as a Buca Di Beppo restaurant for 20+ years. Furthermore, Buca has

exercised three (3) lease renewal options displaying a strong commitment to the location.

• Absolute NNN Lease – The tenant is responsible for all expenses and maintenance providing an investor with passive income and zero

landlord responsibilities.

• South Park Mall – The property is an outparcel to the South Park Mall, which is the largest mall in Northeast Ohio. Some of the anchor

tenants to the mall are Dillard’s, Macy’s, JC Penney, DICKS Sporting Goods, and Kohls to name a few. In addition to the aforementioned

brands, the mall has ±170 other tenants on the premises.

• High Traffic Counts and Affluent Demographics – The Buca Di Beppo property is located right off Royalton Road which sees north of

±47,000 vehicles per day. The average household income is $102,000 and there are more than 120,000 people in a 5-mile radius.

• Strong Retail Synergy – Buca di Beppo is situated in the main retail corridor next to many premium national retailers such as Costco,

Target, Best Buy, T.J. Maxx, Starbucks, Chick-Fil-A, Petco, and Bed Bath & Beyond.

Sale Date
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Sold Price
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Buyer Borrower 1 Corp Indicator
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Buyer Borrower 1 Name
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Buyer Borrower 1 Ownership Rights Code
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Mortgage Recording Date
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Mortgage Maturity Date
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Mortgage Term
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Document Number
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Document Type
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Mortgage Interest Rate
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Mortgage Loan Type
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Mortgage Lender Name
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Loan Amount
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Mortgage Document Date
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Mortgage Estimated Interest Rate Indicator
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Resale Flag
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Sales Price Code
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Seller 1 Corp Indicator
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Transaction Type
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Mortgage Loan Trans Type
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Seller 1 Name
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Transfer Tax
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Sold By
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Sold To
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Loan History

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Financial History

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Tax History

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Contact Information

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Ownership Information

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Property Details

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Contacts

Listing removed on
 BY:
CO
Connor Olandt PRO
•••.•••.4504
••••••.••andt@••••••••.com
Brokerage logo
Listing removed on
 BY:
CN
Cade Norland PRO
•••.•••.2265
••••.•••land@••••••••.com
Brokerage logo
Listing removed on
 BY:
KM
Kyle Matthews, CCIM PRO
•••.•••.0550
••••ings@••••••••.com
Brokerage logo

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