307 Highland Rd E | Macedonia, OH 44056
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- LoopNet Team
307 Highland Rd E
Macedonia, OH 44056
KFC - MACEDONIA, 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 Since 2018 with an Attractive 7.50% Rent to Sales Ratio!
- LOW UNEMPLOYMENT RATE: Ohio’s Rate at 4.7% - National Rate at 6.1% (Bureau of Labor Statistics April 2021)
- 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
- Located on the Hard Corner of Highland Rd & OH-8 where Traffic Counts Exceed 48,390 CPD!
- VERY AFFLUENT DEMOGRAPHICS (5-MI): Total Population: 66,512 | Average Household Income: $113,708
Property Facts
Property Type
Retail
Property Subtype
Building Size
2,520 SF
Building Class
C
Year Built
1959
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
0.88 AC
Zoning
Commercial
Parking
80 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Freeway Visibility
- Signage
- Signalized Intersection
Property Taxes
| Parcel Number | 33-13414 | Improvements Assessment | $436,156 |
| Land Assessment | $173,401 | Total Assessment | $609,557 |
Property Taxes
Parcel Number
33-13414
Land Assessment
$173,401
Improvements Assessment
$436,156
Total Assessment
$609,557
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