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Applebee's 531 W Dussel Dr 5,332 SF Retail Building Maumee, OH 43537 $2,509,034 ($470.56/SF) 7.25% Cap Rate
Investment Highlights
- Lease Guarantor, RMH Holdings Inc operates 131 units in 14 states. RMH is owned by an affiliate of Sun Holdings Inc who operates over 1000 units
- 130,000 People in a 5 mile radius (suburb of Toledo, OH).
- - Strong performing location with solid rent/sales ratio (see broker for details). Has been in operation for over 30 years!
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Building Size
5,332 SF
Building Class
B
Year Built
1995
Price
$2,509,034
Price Per SF
$470.56
Cap Rate
7.25%
NOI
$181,905
Tenancy
Single
Building Height
1 Story
Building FAR
0.09
Lot Size
1.43 AC
Zoning
C-M
Parking
86 Spaces (16.13 Spaces per 1,000 SF Leased)
Frontage
224’ on W Dussel Dr
Amenities
- Pylon Sign
- Restaurant
- Signage
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
- Applebee's
- -
- -
- -
- Oct 2032
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
| Applebee's | - | - | - | Oct 2032 |
Nearby Major Retailers
Property Taxes
| Parcel Number | 36-40880 | Improvements Assessment | $296,800 |
| Land Assessment | $38,675 | Total Assessment | $335,475 |
Property Taxes
Parcel Number
36-40880
Land Assessment
$38,675
Improvements Assessment
$296,800
Total Assessment
$335,475
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Applebee's | 531 W Dussel Dr
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