6000 Memphis Ave | Cleveland, OH 44144
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- LoopNet Team
6000 Memphis Ave
Cleveland, OH 44144
Burger King · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease Structure | Zero Landlord Responsibilities | Tenant is Responsible for All Taxes, Insurance, Maintenance and Management
- Main on Main Signalized Intersection | Combined Traffic Counts Exceeding 65,000+ Vehicles Per Day
- (2) 5-Year Options | 10% Rent Increase Every 5 Years
- 20 Year Original Lease Term | 12 Years Remaining on Original Term
- Highly Desirable Location | Tennessee is a Tax Free Income State
- Excellent Demographics: 158,170 Population in 5-Mile Radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,804 SF
Building Class
B
Year Built/Renovated
1998/2013
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.89 AC
Zoning
LR
Parking
58 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 013-14-138 | Improvements Assessment | $162,505 |
| Land Assessment | $81,130 | Total Assessment | $243,635 |
PROPERTY TAXES
Parcel Number
013-14-138
Land Assessment
$81,130
Improvements Assessment
$162,505
Total Assessment
$243,635
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