172 Howe Ave | Cuyahoga Falls, OH 44221
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- LoopNet Team
172 Howe Ave
Cuyahoga Falls, OH 44221
NNN Corp. La-Z-Boy - A+ HWY Location · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Strong Corporate Guaranty from La-Z-Boy, Inc. (NYSE: LZB)
- Dominant Real Estate - La-Z-Boy is Positioned on the Highway Exit Entering Regional Retail Market
- Ideal 1031 Candidate with Hands-Off Corporate Lease
- Replaceable Rent - Rent Per Square Foot ($10.25) is Roughly ONE-HALF of Comparable La-Z-Boys Being Marketed for Sale
- La-Z-Boy Incorporated Acquired this Store from a Franchisee in 2015, Showing the Strength of the Store and Overall Market
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
16,498 SF
Building Class
C
Year Built
2006
Tenancy
Single
Building Height
1 Story
Building FAR
0.30
Lot Size
1.25 AC
Zoning
C-1
Parking
50 Spaces (0.1 Spaces per 1,000 SF Leased)
Frontage
284’ on Howe Ave
AMENITIES
- Freeway Visibility
- Pylon Sign
PROPERTY TAXES
| Parcel Number | 02-01142 | Improvements Assessment | $618,146 |
| Land Assessment | $47,250 | Total Assessment | $665,396 |
PROPERTY TAXES
Parcel Number
02-01142
Land Assessment
$47,250
Improvements Assessment
$618,146
Total Assessment
$665,396
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