17585 Lake Shore Blvd | Cleveland, OH 44119
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- LoopNet Team
17585 Lake Shore Blvd
Cleveland, OH 44119
KFC - CLEVELAND, OH · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Absolute NNN Lease with Attractive 7.00% Rental Escalations Every 5 Years!
- Successfully Open & Operating for Decades with an Attractive 7.51% Rent to Sales Ratio!
- 2021 DEMOGRAPHICS (5-MI): Total Population: 176,124 | Average Household Income: $55,477
- KBP Foods Operates ±755 Locations in 30 States (19% of Locations in the U.S. System) and will Generate Sales in Excess of $950 Million in 2021
- Great Drive-By Visibility on Lakeshore Blvd where Traffic Counts Exceed 8,040 CPD!
- LOW UNEMPLOYMENT RATE: Ohio’s Rate at 4.7% - National Rate at 6.1% (Bureau of Labor Statistics April 2021)
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,770 SF
Building Class
B
Year Built
1984
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.87 AC
Zoning
Commercial
Frontage
Amenities
- Dedicated Turn Lane
- Freeway Visibility
- Pylon Sign
- Restaurant
- Drive Thru
- Air Conditioning
Property Taxes
| Parcel Number | 113-05-019 | Improvements Assessment | $11,620 |
| Land Assessment | $36,750 | Total Assessment | $48,370 |
Property Taxes
Parcel Number
113-05-019
Land Assessment
$36,750
Improvements Assessment
$11,620
Total Assessment
$48,370
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