863 Arlington St E Akron, OH 44306
Restaurant property for sale near S Arlington Road in Akron, OH.
Property size:
2,600 SFLot size:
1.00 AcresProperty Features for 863 Arlington St E
General Information
- Size
- 2,600 SF
- Lot size
- 1.00 Acres
Source:
Moodyscre
Listing 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
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.491028
- Latitude
- 41.04858
Nearby Similar for Sale
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.