Burger King | 3056 Graham Rd
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Burger King 3056 Graham Rd
3,150 SF Retail Building Stow, OH 44224 £1,080,930 (£343/SF) 5.50% Net Initial Yield
Investment Highlights
- Triple Net Lease Corporate Burger King with Approximately 10 Years Remaining | Zero Landlord Responsibilities
- Frontage on the Corner of Both Fishcreek Rd with 20,900 VPD and Graham Rd with 14,200 VPD
- The Akron MSA has roughly 702,000 Residents and the city of Akron is the County Seat of Summit County
- 3,150 SF Building on 2.33 Acre Lot | Listed at $420 Dollars Per Building SF
- Three-Mile Population of 49,000 with an Average Household Income of $100,000
- This Location is Operated by Carrols Corporation (1,000 Units) which was Recently Acquired by Burger King's Parent company Restaurant Brands Internati
Executive Summary
Marcus & Millichap is pleased to exclusively offer the opportunity to acquire a 3,150-square-foot building on a 2.33-acre at 3056 Graham Road, Stow, Ohio. The property is located in the Akron metroplex that has roughly 702,000 residents. The property is currently leased to Burger King with approximately 10 years remaining. The triple net lease has zero landlord responsibilities and includes annual rental
increases of one percent. This location is operated by Carrols Corporation which operates over 1000 Burger Kings and was recently acquired by Burger King's parent company Restaurant Brands International.
increases of one percent. This location is operated by Carrols Corporation which operates over 1000 Burger Kings and was recently acquired by Burger King's parent company Restaurant Brands International.
Data Room Click Here to Access
- Offering Memorandum
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,150 SF
Building Class
B
Year Built
1988
Price
£1,080,930
Price Per SF
£343
Net Initial Yield
5.50%
NOI
£59,486
Tenancy
Single
Number of Floors
1
Building FAR
0.03
Land Acres
2.33 AC
Zoning
Commercial
Parking
30 Spaces (6.78 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Drive Thru
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 56-11908 | Improvements Assessment | £214,213 |
| Land Assessment | £115,562 | Total Assessment | £329,775 |
PROPERTY TAXES
Parcel Number
56-11908
Land Assessment
£115,562
Improvements Assessment
£214,213
Total Assessment
£329,775
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Samuel Noe -
John Paine -
Marcus & Millichap
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Burger King | 3056 Graham Rd
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