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26625 Brookpark Road Ext
North Olmsted, OH 44070
NNN Leased Biggby Coffee · Retail Property For Sale
PROPERTY FACTS
ABOUT 26625 BROOKPARK ROAD EXT , NORTH OLMSTED, OH 44070
The SVN Colvin & Easy Leasebacks present this Absolute Triple Net Leased Biggby Coffee Investment property in the popular West Cleveland suburb of North Olmsted. The 10-year NNN lease to the Biggby Coffee Cleveland Area Developer started February 1, 2019 and runs through January 16, 2029. The rent increases 1.5% each year. There are two 10 year renewals with the same increases. The building was renovated to a Biggby Coffee and opened in May. Biggby Coffee is a well established, growing chain of coffee shops based in Michigan with over 250 locations. This drive-through location was chosen by the Biggby Franchisee due to being surrounded by Home Depot, Best Buy, World Market, PetSmart, Bed Bath & Beyond and many more national retailers. We have a recent phase 1 and ALTA survey to help make this a simple acquisition. Co-listed with Ohio Broker of Record SVN Wilson Commercial Group LLC.
PROPERTY TAXES
| Parcel Number | 232-26-011 | Improvements Assessment | $139,020 |
| Land Assessment | $38,430 | Total Assessment | $177,450 |
PROPERTY TAXES
