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BOB EVANS – JACKSON, OH 770 E Main St

5,273 SF Retail Building Jackson, OH 45640 $4,469,431 CAD ($848 CAD/SF) 7% Cap Rate

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
Fast Food
Building Size
5,273 SF
Building Class
B
Year Built
2023
Price
$4,469,431 CAD
Price Per SF
$848 CAD
Cap Rate
7%
NOI
$312,889 CAD
Tenancy
Single
Building Height
1 Story
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

Bob Evans
Hot Head Burritos
WesBanco
LaRosa's Pizzeria
Ymca
Anytime Fitness
Kroger
Ponderosa Steakhouse
Peoples Bancorp, Inc.
RBC Royal Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
H14-020-00-135-00
Land Assessment
$125,644 CAD
Improvements Assessment
$194,386 CAD
Total Assessment
$320,030 CAD
  • Listing ID: 34284237

  • Date on Market: 2024-12-24

  • Last Updated:

  • Address: 770 E Main St, Jackson, OH 45640

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