820 Richmond Rd | Cleveland, OH 44143
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- LoopNet Team
820 Richmond Rd
Cleveland, OH 44143
Wendy's (Corporate) · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Approximately 16 Years Remaining with 10% Increases Every 5 Years
- Rare Corporate Guaranty (NASDAQ: WEN), 6,800 Locations with $1.71 Billion in Revenue
- All-Brick Building with a Drive-Thru, Drive-Thru Revenue has Grown to 90% of System-wide Sales for Wendy’s
- Absolute NNN Lease with No Landlord Responsibilities
- 37-Year Operating History at This Location, Proven Concept in the Trade Area with Above Average Sales
- Infill Location, Serving Over 250,000 Residents in One of the Most Densely Populated Suburbs of Cleveland
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,425 SF
Building Class
B
Year Built
2007
Tenancy
Single
Building Height
1 Story
Building FAR
0.12
Lot Size
0.65 AC
Zoning
B-1
Parking
35 Spaces (10.22 Spaces per 1,000 SF Leased)
Frontage
47’ on Richmond Rd
AMENITIES
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 662-30-119 | Improvements Assessment | $275,380 |
| Land Assessment | $148,155 | Total Assessment | $423,535 |
PROPERTY TAXES
Parcel Number
662-30-119
Land Assessment
$148,155
Improvements Assessment
$275,380
Total Assessment
$423,535
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