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    863 Arlington St E Akron, OH 44306

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    For Sale
    $2,350,000

    Restaurant property for sale near S Arlington Road in Akron, OH.

    Property size:
    2,600 SF
    Lot size:
    1.00 Acres

    Property Features for 863 Arlington St E

    General Information

    Size
    2,600 SF
    Lot size
    1.00 Acres

    Source: Sands Investment Group (SIG) | Austin Agent Maxwell Watson

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Akron Restaurant Property For Sale

    This restaurant property is located off of S Arlington Road, which sees over 26,000 vehicles per day. The surrounding area includes national retailers such as Target, Taco Bell, Chipotle, Five Guys, Wendy’s Burger King, and Bob Evans. Multiple national hotel brands are located nearby, including Residence Inn, Hampton Inn, and Holiday Inn Express. For two consecutive years, Site Selection Magazine ranked Akron #2 among metros with populations of 200,000 to 1 million for new business expansions and relocation. The property is occupied by Freddy’s Frozen Custard & Steakburgers, a fast-casual franchise concept with over 500 locations across 36 states in the U.S. The lease includes 7.5% rent increases every 5 years and at each of the three, 5-year option periods. The lease is guaranteed by Personal Guarantee and OH Steakburgers, LLC. The property size is 2,600 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness Accounting Firm

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Akron
    County
    Summit
    State
    Ohio
    Longitude
    -81.491028
    Latitude
    41.04858

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    FAQs

    What type of property is this?
    Drive through restaurant - Restaurant property for sale near S Arlington Road in Akron, OH.
    Where is this drive through restaurant located?
    The property is located at 863 Arlington St E Akron, OH.
    What is the asking price?
    The asking price for this property is $2,350,000.
    What are key features of this property?
    This property features: - Strong tenant with personal and corporate guarantees (OH Steakburgers, LLC).; - 7.5% rent increases every 5 years and at each option period.; - Freddy’s Frozen Custard & Steakburgers is a well-established national franchise with over 500 locations.
    (844) 474-4666
    Request Owner's contact information
    863 Arlington St E Akron, OH 44306
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    863 Arlington St E
    Akron, OH 44306
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    863 Arlington St E Akron, OH 44306
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