$1 Auction - REIT Sale | Former Hardee’s 2695 Gilchrist Rd 3,591 SF Retail Building Akron, OH 44305 $1 ($0.00/SF)

Marcus & Millichap and CBRE are pleased to present the opportunity to acquire a vacant, free-standing QSR building with drive-thru at the gateway to Akron’s East-side industrial corridor located at 2695 Gilchrist Road, in Akron, Ohio 44305 (the “Property”). Formerly occupied by Hardees, the Property is being offered significantly below replacement cost—providing an excellent opportunity for owner/users or investors to acquire a highly visible, strategically positioned asset at a significant discount. FIRST BID MEETS RESERVE!
The Property consists of a one-story, free-standing restaurant building totaling ±3,591 square feet, situated on a ±2.52-acre parcel (±110,166 SF). The site includes a drive-thru, two curb cuts for ingress/egress, and 36 surface parking spaces. Positioned right off I-76 (71k VPD), the Property boasts outstanding visibility with ±434 feet of frontage along Gilchrist Road and benefits from traffic counts of 7,469 vehicles per day. Previously leased to Hardee’s, the Property presents a value-add opportunity through re-tenanting at prevailing market lease rates (CoStar estimated rents of $12-15/SF retail). Zoned “UPD-39” Unified Planned Development District, the site allows for a broad range of retail and commercial uses.
The Property is located in the eastern portion of Akron, within Summit County, and forms part of the broader Cleveland–Akron–Canton Combined Statistical Area, one of Ohio’s most populous and economically diverse regions. Akron offers strategic connectivity to major metro markets including Canton (±25-min), Youngstown (±50-min), and Cleveland (±1-hr from the Property), while maintaining affordable operating costs, a diverse employment base, and ongoing reinvestment in local infrastructure and commercial corridors. This high-visibility location places the Property along Gilchrist Road, a key employment and commuter corridor just south of I-76 (±70,732 VPD). The immediate trade area features major employers including NAPA, Rubbermaid, Newell Brands, Amazon, Saint-Gobain, all of which contribute to recurring weekday demand from employees, contractors, visitors, and regional shoppers. The site is located within a dense trade area with 57,272 residents and an average household income of ±74,528 within a 3 miles radius.