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Biggby Coffee Strip Center | Perrysburg, OH 10584 Fremont Pike 9,212 SF 100% Leased Retail Building Perrysburg, OH 43551 $4,659,896 ($505.85/SF) 6.75% Cap Rate
INVESTMENT HIGHLIGHTS
- New 2022 Construction in Major Redevelopment: Multi-tenant retail outparcel within the French Quarter Square mixed-use redevelopment in Perrysburg, OH
- Desirable Consumer-Oriented Features: Includes a drive-thru and outdoor dining patio, aligning with evolving retail demand
- Prime Retail Trade Area: Surrounded by a dense concentration of national retailers in one of Northwest Ohio’s dominant shopping corridors
- Strong National & Regional Tenant Mix: Anchored by Biggby Coffee and Condado Tacos, with Peach Cobbler Factory and Cyclebar—all expanding concepts
- 100% Leased with Rent Growth: Four tenants on long-term net leases with guarantees and built-in rent escalations
- Excellent Access & Demographics: Frontage along Route 20 with ~36,000 VPD, strong visibility, and affluent surrounding households
EXECUTIVE SUMMARY
CBRE is pleased to exclusively present for sale this recently constructed 9,212 square foot multi-tenant retail strip center located in Perrysburg, Ohio. Built in 2022, the property is 100% leased to four national and regional tenants operating in the food, beverage, and fitness sectors: Biggby Coffee, Condado Tacos, Peach Cobbler Factory, and Cyclebar. Each tenant demonstrates strong brand recognition and proven expansion strategies, supporting long-term occupancy and durable cash flow.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
9,212 SF
Year Built
2022
Price
$4,659,896
Price Per SF
$505.85
Cap Rate
6.75%
NOI
$314,543
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.25
Lot Size
0.85 AC
AMENITIES
- Signage
- Signalized Intersection
- Drive Thru
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Biggby Coffee
- Retailer
- 1,400 SF
- -
- Triple Net
- May 2032
- Condado Tacos
- Retailer
- 4,087 SF
- -
- Triple Net
- Jun 2032
- Cyclebar
- Retailer
- 2,400 SF
- -
- Triple Net
- Aug 2033
- Peach Cobbler Factory
- Retailer
- 1,325 SF
- -
- Triple Net
- Mar 2028
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Biggby Coffee | Retailer | 1,400 SF | - | Triple Net | May 2032 | |
| Condado Tacos | Retailer | 4,087 SF | - | Triple Net | Jun 2032 | |
| Cyclebar | Retailer | 2,400 SF | - | Triple Net | Aug 2033 | |
| Peach Cobbler Factory | Retailer | 1,325 SF | - | Triple Net | Mar 2028 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | P60-400-090101019000 | Improvements Assessment | $650,055 |
| Land Assessment | $126,175 | Total Assessment | $776,230 |
PROPERTY TAXES
Parcel Number
P60-400-090101019000
Land Assessment
$126,175
Improvements Assessment
$650,055
Total Assessment
$776,230
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Biggby Coffee Strip Center | Perrysburg, OH | 10584 Fremont Pike
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