Property History
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.
Loan History
Financial History
Tax History
Contact Information
Ownership Information
Property Details
Contacts
Map
Comparable Properties
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