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1255 N 21st St
Newark, OH 43055
Retail Property For Sale
Investment Highlights
- Rare corporate guaranty from Burger King corporation | S&P: B+
- Recent 15-year extension | Tenant exercised all 3 option terms in 2022 to bring remaining term to 20 years
- Less than 1/4 mile from a Walmart Supercenter | Strong traffic generator
- Absolute triple net lease (NNN) | Zero landlord responsibilities
- Extremely dense trade area | Over 1.5M square feet of existing retail within one mile of the subject
- Located on a heavily trafficked retail corridor | 33,000+ vehicles per day
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,500 SF
Building Class
B
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Parking
66 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
173’ on N 21st St
Property Taxes
| Parcel Number | 054-269904-00.001 | Improvements Assessment | $213,400 |
| Land Assessment | $192,500 | Total Assessment | $405,900 |
Property Taxes
Parcel Number
054-269904-00.001
Land Assessment
$192,500
Improvements Assessment
$213,400
Total Assessment
$405,900
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