NNN Restaurant
3145 Lagrange Street & 2535 Starr Ave Toledo / Oregon, OH 43608
3145 Lagrange Street & 2535 Starr Ave Toledo /, Oregon, OH, 43608
$1,075,000
For Sale
$1,075,000
Two fully occupied, single-tenant NNN restaurant buildings leased to Little Caesars.
Days on Market117
Property Features for 3145 Lagrange Street & 2535 Starr Ave Toledo /
General Information
- Standard status
- Active
- Property subtype
- Retail - Restaurant
Building Details
- Year Built
- 19801986
Listing agency
Miller Diversified Realty
(937) 470-9011
Listed by
Jerry Miller, CCIM · License #0000324835
Source
Commercialcafe
Added: Mar 27 Updated: Jul 21 at 12:09AM Checked: Jul 21 at 3:28AM
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Investment Insights
Based on property information with market context.
This portfolio includes two single-tenant restaurant buildings under absolute NNN leases, totaling 2,610 SF. Both properties are fully occupied by a Little Caesars franchise, with new long-term leases noted in the offering and periodic updates and renovations described as being completed per the franchise agreement. The buildings were constructed in 1980 and 1986 and have been maintained, with updates conducted periodically.
The properties are offered only as a portfolio and not sold separately. The LaGrange St. property includes billboard revenue in addition to the base NNN structure, as stated in the remarks, and the overall offering highlights key locations with visibility to high traffic volumes and major arterial access in the Toledo, Ohio area.
The leases are described as new 15-year terms with built-in rent escalators.
The properties are offered only as a portfolio and not sold separately. The LaGrange St. property includes billboard revenue in addition to the base NNN structure, as stated in the remarks, and the overall offering highlights key locations with visibility to high traffic volumes and major arterial access in the Toledo, Ohio area.
The leases are described as new 15-year terms with built-in rent escalators.
Key Highlights
- Portfolio of 2 single‑tenant NNN restaurant buildings totaling 2,610 SF, both fully occupied by Little Caesars.
- Leased under new 15‑year leases with built‑in rent escalators.
- Both properties have absolute NNN lease structure.
Property Analytics
Location Intelligence
Current Use by Public Records
Conventional restaurants
Similar For Sale Nearby
FAQs
What type of property is this?
Conventional restaurant - Two fully occupied, single-tenant NNN restaurant buildings leased to Little Caesars.
Where is this conventional restaurant located?
The property is located at 3145 Lagrange Street & 2535 Starr Ave Toledo / Oregon, OH.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Portfolio of 2 single‑tenant NNN restaurant buildings totaling 2,610 SF, both fully occupied by Little Caesars.; Leased under new 15‑year leases with built‑in rent escalators.; Both properties have absolute NNN lease structure.