544 Water St | Chardon, OH 44024
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544 Water St
Chardon, OH 44024
Pizza Hut · Retail Property For Sale
Investment Highlights
- Long-Term, 20-Year Absolute Triple Net (NNN) Lease that Commenced on February 22, 2022
- Six (6), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 50 Years
- 1.75% Rental Increases Annually Starting Year Seven (7)
Property Facts
Property Type
Retail
Property Subtype
Restaurant
Building Size
2,827 SF
Building Class
B
Year Built
1993
Tenancy
Single
Building Height
1 Story
Building FAR
0.04
Lot Size
1.55 AC
Zoning
C3
Frontage
48’ on Water St
Amenities
- Signage
Property Taxes
| Parcel Number | 10-080200 | Improvements Assessment | $110,880 |
| Land Assessment | $131,430 | Total Assessment | $242,310 |
Property Taxes
Parcel Number
10-080200
Land Assessment
$131,430
Improvements Assessment
$110,880
Total Assessment
$242,310
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