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994 High St
Wadsworth, OH 44281
Burger King · Retail Property For Sale
Investment Highlights
- Long Term Absolute NNN Lease – At closing, the tenant will execute a new 15-year absolute NNN lease featuring 10% rent increases every five years
- Strong Retail Corridor – The property is located on High Street, the primary thoroughfare through Wadsworth, Ohio, with direct access to US-224.
- Strong Demographics – Within a three-mile radius, the area boasts a population of approximately 28,000 residents, 854 total businesses
- Established Franchisee – The franchisee has been operating Burger King restaurants since 1959
- Significant Local Traffic Drivers – The nearby Fisher-Titus Facility generates substantial daily traffic to the site, along with Norwalk High School
- Proven Sales Performance – The sale-leaseback rental rate is supported by an 8.5% rent-to-sales ratio over the trailing three years.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
4,126 SF
Building Class
C
Year Built
1995
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.60 AC
Parking
50 Spaces (12.12 Spaces per 1,000 SF Leased)
Frontage
47’ on High St
Amenities
- Pylon Sign
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 040-20A-04-042 | Improvements Assessment | $302,440 |
| Land Assessment | $132,000 | Total Assessment | $434,440 |
Property Taxes
Parcel Number
040-20A-04-042
Land Assessment
$132,000
Improvements Assessment
$302,440
Total Assessment
$434,440
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