930 Interstate Dr
Findlay, OH 45840
Outback Steakhouse: Findlay, OH · Retail Property For Sale

CBRE' s NET LEASE PROPERTY GROUP is pleased to exclusively offer a 6,163-square-foot freestanding Outback Steakhouse situated on 1.78 acres in Findlay, Ohio (Population: 41,202), which is located in northeastern Ohio less than 50 miles south of Toledo. Outback Steakhouse' s new 20-year absolute NNN lease with 1.80% annual rent increases commenced in October 2016. This property offers investors an excellent opportunity to acquire a net-leased asset leased on a long-term NNN basis to one of the nation' s premier casual dining restaurant operators. The property is ideally situated on Interstate Drive with excellent frontage and visibility on Interstate-75 (51,030 VPD), just south of West Trenton Avenue (20,020 VPD). The site is also situated immediately adjacent to Country Inn & Suites (73 rooms), Hampton Inn (61 rooms) and Holiday Inn Express (74 rooms), just south of Hilton Garden Inn (101 rooms) and a retail development anchored by Carmike Cinemas and Mattress Firm Supercenter. Additional hotels providing Outback Steakhouse with a built-in customer base are Drury Inn & Suites (152 rooms), Red Roof Inn (114 rooms), Rodeway Inn (100 rooms), Quality Inn (71 rooms) and Motel 6 (60 rooms), which are all within walking distance of the property. Furthermore, Outback Steakhouse benefits from its location within one of the area' s premier retail and commercial corridors (4.2 MSF of retail, 11.9 MSF of industrial and 2.5 MSF of office within a 3-mile radius). The immediate retail corridor is anchored by Walmart Supercenter (0.5 miles south of the site) and is home to myriad other national retailers.