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Bob Evans NNN Restaurant Property
For Sale
Contact for pricing
Pending

2310 West SR 18, Tiffin, OH 44883

Freestanding Bob Evans restaurant on 1.02 acres with an existing 20-year triple-net lease.

Property Size3,752 SF
Lot Size1.02 Acres
Days on Market123

Property Features for 2310 West SR 18

General Information

Standard status Pending
Size 3,752 SF
Lot size 1.02 Acres
Property subtype Retail

Building Details

Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 10 Changed: Aug 8 Last Checked: Aug 10 at 4:25PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SURMOUNT

Investment Insights

Based on property information with market context.

Marcus & Millichap presents an exclusive listing for a Bob Evans Property. The building includes approximately 3,752 square feet of space situated on approximately 1.02 acres of land. The property is subject to a 20-year triple-net (NNN) lease.

The lease commenced on April 28, 2017. Base rent is $158,100 with 2% annual rental increases. The increases continue through the six, five-year tenant renewal options. The tenant is described as a newly formed entity consisting of all Bob Evans Restaurants.

Bob Evans Restaurants was started more than 60 years ago and has grown to 524 family restaurants in approximately 18 different states. The property is offered for sale as an NNN investment under the existing lease structure.

Key Highlights

  • Freestanding Bob Evans restaurant with approx. 3,752 SF of building space on approx. 1.02 acres
  • Subject to a 20‑year triple net (NNN) lease
  • Lease commencement date: April 28, 2017, with 2% annual rental increases

Property Analytics

Current Use

Conventional restaurants

Suggested Use

Top Pick Building Supply HVAC Service Storage Facility Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

462
Businesses Nearby
369k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Dining 24% Shops & Services 23% Superstores 19% Home Improvements & Furnishings 15%
Walmart Superstores
70,048 visits/mo 0.5 miles
Kroger Groceries
39,697 visits/mo 0.3 miles
Circle K Shops & Services
24,561 visits/mo 0.1 miles
Rural King Home Improvements & Furnishings
24,198 visits/mo 0.2 miles
Ollie's Bargain Outlet Shops & Services
19,909 visits/mo 0.4 miles

Demographics for 44883, OH

28,690
Population
12,823
Households
2.2
Avg Household Size
40
Median Age
27%
College-Educated
94%
High-School Grad
164.9 sq mi
ZIP Area
174
Density / Sq Mi
$62,497
Median Household Income
$37,000
Median Earnings
$831
Median Rent
$152,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Conventional restaurant - Freestanding Bob Evans restaurant on 1.02 acres with an existing 20-year triple-net lease.
Where is this conventional restaurant located?
The property is located at 2310 West SR 18 Tiffin, OH.
What are key features of this property?
This property features: Freestanding Bob Evans restaurant with approx. 3,752 SF of building space on approx. 1.02 acres; Subject to a 20‑year triple net (NNN) lease; Lease commencement date: April 28, 2017, with 2% annual rental increases
(332) 345-4222 Call to check price and availability
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