P.F. Chang's | 2300 Village Dr E
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P.F. Chang's 2300 Village Dr E
57,450 SF Retail Building Maumee, OH 43537 £1,674,443 (£29/SF) 5.99% Net Initial Yield
Investment Highlights
- RARE LOW BASIS GROUND LEASE | UPWARD TRENDING SALES The subject property offers an incoming investor the rare opportunity to acquire a P.F. Chang’s gr
- ACCESS TO MAJOR HIGHWAY SYSTEMS The subject property is located less than one mile from a full interchange of Interstate 475 and State Highway 24 (Ant
- PROXIMITY TO NEWER RESIDENTIAL DEVELOPMENTS & TWO PUBLIC UNIVERSITIES The Shops at Fallen Timbers is bordered to the north by three major, newer housi
- TRAFFIC-DRIVING CO-TENANCY P.F. Chang’s is situated in The Shops at Fallen Timbers, a 1.2 million square foot open-air lifestyle center, developed in
- STRONG DEMOGRAPHIC PROFILE The Maumee area has average household incomes of $115,065 and median home values of $248,962 within a five-mile radius of t
Executive Summary
Mid-America Real Estate Corporation and Anchor Associates, LLC (a licensed Ohio real estate broker) have been retained on behalf of the owner to sell the 100% fee simple interest in a 0.38-acre parcel within The Shops at Fallen Timbers, leased to a P.F. Chang’s China Bistro. This offering provides an investor a NNN ground lease with an established tenant, located in a dominant regional lifestyle center.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Movie Theatre
Building Size
57,450 SF
Year Built
2007
Price
£1,674,443
Price Per SF
£29
Net Initial Yield
5.99%
NOI
£100,312
Tenancy
Single
Number of Floors
1
Building FAR
0.02
Lot Size
63.61 AC
Zoning
16-CM (Commercial-Industr
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 35-00029 | Improvements Assessment | £11,776,749 |
| Land Assessment | £0 | Total Assessment | £11,776,749 |
PROPERTY TAXES
Parcel Number
35-00029
Land Assessment
£0
Improvements Assessment
£11,776,749
Total Assessment
£11,776,749
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P.F. Chang's | 2300 Village Dr E
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