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Hot Dog Shoppe 313 S State St 4,408 SF Retail Building Girard, OH 44420 $3,858,257 ($875.29/SF) 7% Cap Rate
Investment Highlights
- High Visibility Signalized Retail Corridor Location
- Nearby Schools & Community Anchors Driving Daily Traffic
- Proximity To Interstate 80 & Regional Traffic Drivers
- Proximity To Major Employers & Industrial Workforce
Executive Summary
Surmount is pleased to present the exclusive listing for a Hot Dog Shoppe located at 313 South State Street, Girard, OH 44420. The property consists of approximately 4,408 rentable square feet situated on a 1.14-acre parcel and is strategically positioned along South State Street, a primary commercial corridor within the market. The site benefits from strong visibility and accessibility with traffic counts of approximately 14,750 vehicles per day, as well as close proximity to Interstate 80, providing direct connectivity to the greater Youngstown metropolitan area and surrounding regional markets. The asset is secured by a 20-year Triple Net (NNN) lease that commenced April 1, 2021, featuring an annual rent of $270,078 with 1.50% annual increases, offering steady income growth over the lease term.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
4,408 SF
Building Class
C
Year Built
1993
Price
$3,858,257
Price Per SF
$875.29
Cap Rate
7%
NOI
$270,078
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.09
Lot Size
1.14 AC
Amenities
- Signage
- Drive Thru
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
20/100
Property Taxes
| Parcel Number | 14-300800 | Improvements Assessment | $175,560 |
| Land Assessment | $48,440 | Total Assessment | $224,000 |
Property Taxes
Parcel Number
14-300800
Land Assessment
$48,440
Improvements Assessment
$175,560
Total Assessment
$224,000
Contacts
-
Matthew Anuszkiewicz -
Francis Purritano -
Glen Kunofsky -
Christopher Marks -
Will Byrne -
Surmount
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Hot Dog Shoppe | 313 S State St
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