Freestanding Drive-Through
For Sale
Contact for pricing
14180 Airport Hwy, Swanton, OH 43558
Vacant restaurant building with drive-through service, surface parking, pylon signage, and flexible commercial zoning.
Property Size3,250 SF
Lot Size0.99 Acres
Days on Market48
Property Features for 14180 Airport Hwy
General Information
Standard status
Active
Size
3,250 SF
Total Parking Spaces
48
Lot size
0.99 Acres
Property subtype
Vacant-User
Zoning
B-3
Site & Location
Frontage
195 ft
Drive-Thru
Yes
Pylon Signage
Yes
Traffic Count
15,031 vehicles/day
Highway Access
Yes
Road Access
Yes
Amenities
ABSOLUTE $1 AUCTION | Former Wendy's | 15K VPD | $107K AHHI | AUCTION OCTOBER 19-21
Freestanding QSR with Built-In Upside - ±3,250 SF former Wendy's on ±0.99 acres with drive-thru, pylon sign, and 48 parking spaces
Airport Highway Exposure with ±15K VPD - ±195 feet of frontage and two curb cuts provide strong visibility and convenient site access
Established Retail Corridor Positioning - Across from McDonald's near Kroger, Taco Bell, Subway, Verizon, Dollar Tree, and AutoZone
Flexible B-3 Central Business Zoning - Commercial district supports retail, restaurant, service, and adaptive reuse concepts
Strong Five-Mile Consumer Demographics - Trade area reaches ±12,750 residents with average household income exceeding $107,000
Absolute $1 Auction - First Bid Meets Reserve
Building Details
Building Size
3,250 SF
Year Built
1987
Buildings
1
Tenancy
Single
Listing Agency:
Fort Lauderdale Office
Listed By:
Adam Sklaver · License #License(s): FL: SL3429070
(954) 245-3422
Source:
Marcusmillichap
Added: Sep 9
Changed: Oct 25
Last Checked: Oct 24 at 1:33PM
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 Fort Lauderdale Office
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Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This vacant, freestanding restaurant property includes approximately 3,250 square feet of building area on a 0.988-acre parcel. Constructed in 1987, the former Wendy’s features an existing drive-through, 48 surface parking spaces, pylon signage, two curb cuts, and approximately 195 feet of frontage along Airport Highway. The site is suited to restaurant occupancy, repositioning, or adaptive reuse.
B-3 Central Business zoning within the Airport Highway Corridor Overlay District allows a broad range of retail, restaurant, commercial, and service uses. The property sits across from McDonald’s and near Kroger, Taco Bell, Subway, Verizon, Dollar Tree, AutoZone, and other established businesses. Airport Highway carries approximately 15,031 VPD, while Eugene F. Kranz Toledo Express Airport and I-80/I-90 are about seven minutes away. The surrounding five-mile trade area includes more than 12,750 residents with average household income above $107,000.
B-3 Central Business zoning within the Airport Highway Corridor Overlay District allows a broad range of retail, restaurant, commercial, and service uses. The property sits across from McDonald’s and near Kroger, Taco Bell, Subway, Verizon, Dollar Tree, AutoZone, and other established businesses. Airport Highway carries approximately 15,031 VPD, while Eugene F. Kranz Toledo Express Airport and I-80/I-90 are about seven minutes away. The surrounding five-mile trade area includes more than 12,750 residents with average household income above $107,000.
Key Highlights
- ±3,250‑square‑foot freestanding former Wendy’s restaurant
- Existing drive‑through with 48 surface parking spaces
- Approximately 195 feet of frontage along Airport Highway
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$21,189
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,780
$423.8K
Cap Rate 7%
$302,700
$302.7K
Cap Rate 9%
$235,433
$235.4K
Market Conditions
NOI Build-Up for 3,250 SF
Gross rent
$32.8K $10.08/SF
− Vacancy
−$2.5K −$0.77/SF
EGI
$30.3K $9.31/SF
− OpEx
−$9.1K −$2.79/SF
NOI
$21.2K $6.52/SF
Area
Fulton County, OH
Vacancy
7.60%
Lease Rate
$10.08 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$423,780
Cap Rate 7%
$302,700
Cap Rate 9%
$235,433
Alternative Uses
Best Use
Specialty Retail
$353.5K
$309.3K – $412.4K
NOI $24,746 @ 7.0% cap · market cap 2,474,600.00%
Second Best
Retail
$302.7K
$264.9K – $353.2K
NOI $21,189 @ 7.0% cap · market cap 2,118,900.00%
Theoretical Best
Office A
$540.9K
$473.3K – $631.0K
NOI $37,861 @ 7.0% cap · market cap 3,786,100.00%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
15,031 VPD
Traffic count
Single-tenant
Tenancy
Yes
Highway access
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
Explore this area
Business Placement
Demographics for 43558, OH
13,088
Population
5,703
Households
2.3
Avg Household Size
46
Median Age
19%
College-Educated
91%
High-School Grad
83.3 sq mi
ZIP Area
157
Density / Sq Mi
$74,612
Median Household Income
$40,661
Median Earnings
$925
Median Rent
$185,900
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - Vacant restaurant building with drive-through service, surface parking, pylon signage, and flexible commercial zoning.
Where is this drive through restaurant located?
The property is located at 14180 Airport Hwy Swanton, OH.
What are key features of this property?
This property features: ±3,250‑square‑foot freestanding former Wendy’s restaurant; Existing drive‑through with 48 surface parking spaces; Approximately 195 feet of frontage along Airport Highway
