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4100 Medina Rd
Akron, OH 44333
Arby's - Fairlawn, OH · Retail Property For Sale
Investment Highlights
- Long-Term Absolute NNN Ground Lease - 12+ years remaining with zero landlord responsibilities and 4 (5-year) renewal options
- Inflation Protection - Rent is scheduled to increase 8% every 5 years, including options
- Densely Populated and Affluent Trade Area - 63,000 residents within 5 miles with an average household income of approximately $154,800
- Brand New 2023 Construction - Most recent Arby’s prototype building with doube drive-thru accessibility and ample parking
- Rare Corporate Lease - RTM Operating Company, LLC, operating ~3,400 locations nationwide
- Strong Traffic / Excellent Visibility - Located on Medina Road (37,894 VPD) at the on-ramp to I-77 (75,508 VPD)
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
2,307 SF
Building Class
B
Year Built
2023
Price
$2,321,428
Price Per SF
$1,006.25
Cap Rate
5.60%
NOI
$130,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
0.65 AC
Zoning
C - Commercial
Amenities
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 15-00956 | Improvements Assessment | $322,609 |
| Land Assessment | $78,897 | Total Assessment | $401,506 |
Property Taxes
Parcel Number
15-00956
Land Assessment
$78,897
Improvements Assessment
$322,609
Total Assessment
$401,506
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