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Hot Dog Shoppe 740 W Market St 3,759 SF Retail Building Warren, OH 44481 $4,071,429 ($1,083.11/SF) 7% Cap Rate
Investment Highlights
- Signalized Corner With Strong Visibility
- Surrounded By National Retailers
- Dense & Established Population Base
- Nearby Schools & Community Anchors
Executive Summary
Surmount is pleased to present the exclusive listing for a Hot Dog Shoppe located at 740 West Market Street, Warren, OH. The property consists of approximately 3,759 square feet on a 0.44-acre parcel and is strategically positioned at a signalized corner intersection along one of the area’s primary commercial corridors. The asset is secured by a 20-year Triple Net (NNN) lease that commenced April 1, 2021, offering investors a passive ownership structure with minimal landlord responsibilities. The current annual rent of $285,000 features steady 1.50% annual increases, providing built-in income growth and long-term stability.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,759 SF
Building Class
C
Year Built/Renovated
1964/2000
Price
$4,071,429
Price Per SF
$1,083.11
Cap Rate
7%
NOI
$285,000
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.20
Lot Size
0.44 AC
Frontage
Amenities
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $109,520 | |
| Land Assessment | $59,820 | Total Assessment | $169,340 |
Property Taxes
Parcel Numbers
Land Assessment
$59,820
Improvements Assessment
$109,520
Total Assessment
$169,340
Contacts
-
Francis Purritano -
Matthew Anuszkiewicz -
Glen Kunofsky -
Christopher Marks -
Will Byrne -
Surmount
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Hot Dog Shoppe | 740 W Market St
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