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1180 N Shoop Ave
Wauseon, OH 43567

KFC/A&W - WAUSEON, OH · Retail Property For Sale

Investment Highlights

  • Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
  • Successfully Open & Operating for Decades with an Attractive 8.00% Rent to Sales Ratio! Slated for Remodel in 2023 Showing Tenant’s Commitment
  • LOW UNEMPLOYMENT RATE: Ohio’s Rate at 4.7% - National Rate at 6.1% (Bureau of Labor Statistics April 2021)
  • Operates ±755 Locations in 30 States (19% of Locations in the U.S. System) and will Generate Sales in Excess of $950 Million in 2021
  • Great Visibility on N Shoop Ave (Main North/South Thoroughfare) with Traffic Counts Exceeding 14,020 CPD
  • 2020 DEMOGRAPHICS (5-MI): Total Population: 11,545 | Average Household Income: $77,942

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,945 SF
Building Class
B
Year Built/Renovated
1979/2011
Tenancy
Single
Number of Floors
1
Building FAR
0.07
Lot Size
0.92 AC
Zoning
B2

Amenities

  • Dedicated Turn Lane
  • Freeway Visibility
  • Pylon Sign
  • Drive Thru
  • Air Conditioning

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
06-015388-00.000
Land Assessment
£41,648
Improvements Assessment
£163,005
Total Assessment
£204,654
  • Listing ID: 23553999

  • Date on Market: 30/06/2021

  • Last Updated:

  • Address: 1180 N Shoop Ave, Wauseon, OH 43567

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