BOB EVANS – JACKSON, OH | 770 E Main St
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BOB EVANS – JACKSON, OH 770 E Main St
5,273 SF Retail Building Jackson, OH 45640 £2,484,038 (£471/SF) 7% Net Initial Yield
Investment Highlights
- LONG -TERM LEASE - 19+ years remaining on initial 20-year Absolute NNN lease with RARE 2% annual rental increases
- Successfully open & operating for decades with positive year over year sales trends!
- Traffic counts of 14,158 CPD!
- Bob Evans Restaurants, LLC operates ±439 locations
- HIGH TRAFFIC COUNTS/VISIBILITY - Well-positioned on a large ±1.51-acre lot with exceptional visibility/access
- 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 12,368 | Average Household Income (1-MI): $113,879
Executive Summary
(Building & Land) Fee Simple
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,273 SF
Building Class
B
Year Built
2023
Price
£2,484,038
Price Per SF
£471
Net Initial Yield
7%
NOI
£173,899
Tenancy
Single
Number of Floors
1
Building FAR
0.08
Lot Size
1.51 AC
Zoning
C
Frontage
219 ft on E Main St
Amenities
- Pylon Sign
- Restaurant
- Signage
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | H14-020-00-135-00 | Improvements Assessment | £108,638 |
Land Assessment | £70,220 | Total Assessment | £178,858 |
PROPERTY TAXES
Parcel Number
H14-020-00-135-00
Land Assessment
£70,220
Improvements Assessment
£108,638
Total Assessment
£178,858
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BOB EVANS – JACKSON, OH | 770 E Main St
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