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544 Water St
Chardon, OH 44024

Pizza Hut · Retail Property For Sale

Investment Highlights

  • Long-Term, 20-Year Absolute Triple Net (NNN) Lease that Commenced on February 22, 2022
  • Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 50 Years
  • 1.75% Rental Increases Annually Starting Year Seven (7)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
2,827 SF
Building Class
B
Year Built
1993
Tenancy
Single
Number of Floors
1
Building FAR
0.04
Lot Size
1.55 AC
Zoning
C3
Frontage
48 ft on Water St

Amenities

  • Signage

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
10-080200
Land Assessment
£102,837
Improvements Assessment
£86,758
Total Assessment
£189,595
  • Listing ID: 26697676

  • Date on Market: 23/09/2022

  • Last Updated:

  • Address: 544 Water St, Chardon, OH 44024

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