Freestanding Drive-Thru Restaurant
3182 Maple Avenue Zanesville, OH 43701
3182 Maple Avenue, Zanesville, OH, 43701
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For Sale
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Absolute NNN freestanding drive-thru restaurant leased long-term with 2019 prototype construction and multiple option periods.
Days on Market103
Property Features for 3182 Maple Avenue
General Information
- Standard status
- Active
- Property subtype
- Retail
Listing agency
SRS Real Estate Partners Newport Beach
(480) 221-4221
Listed by
Matthew Mousavi · License #CA 01732226
Source
Crexi
Added: Apr 11 Updated: Jul 21 at 3:41PM Checked: Jul 21 at 3:41PM
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 SRS Real Estate Partners Newport Beach
Investment Insights
Based on property information with market context.
SRS National Net Lease Group is offering the fee simple interest in an absolute NNN leased, freestanding drive-thru restaurant property featuring Freddy’s Frozen Custard & Steakburgers. The asset is positioned as a drive-thru equipped, brand new 2019 construction using Freddy’s latest prototype. The current tenant, OH Steakburgers, LLC, recently executed a brand new 15-year lease with three (3) additional five-year option periods. Lease provisions include 7.0% rental increases every five years during the initial term and at the beginning of each option period.
The lease is described as absolute NNN with zero landlord responsibilities. The lease also includes a personal guarantee for 10 years by a 14-unit operator. The property is located along Maple Avenue in Zanesville, Ohio, with approximately 27,700 vehicles passing by daily and an on/off ramp connection to Interstate 70 about 2.3 miles to the south. A large pylon sign on Maple Avenue supports visibility. The surrounding retail corridor includes multiple national and credit tenants, and Colony Square Mall is approximately 0.7 miles north.
This offering is presented as a management-free, out-of-state friendly investment structure under an absolute NNN framework.
The lease is described as absolute NNN with zero landlord responsibilities. The lease also includes a personal guarantee for 10 years by a 14-unit operator. The property is located along Maple Avenue in Zanesville, Ohio, with approximately 27,700 vehicles passing by daily and an on/off ramp connection to Interstate 70 about 2.3 miles to the south. A large pylon sign on Maple Avenue supports visibility. The surrounding retail corridor includes multiple national and credit tenants, and Colony Square Mall is approximately 0.7 miles north.
This offering is presented as a management-free, out-of-state friendly investment structure under an absolute NNN framework.
Key Highlights
- Absolute NNN freestanding drive‑thru Freddy’s Frozen Custard & Steakburgers investment property, fee simple (land & building).
- Tenant OH Steakburgers, LLC executed a brand new 15‑year lease with three (3) 5‑year option periods.
- 7.0% rental increases every 5 years throughout the initial term and at the beginning of each option period.
Property Analytics
Location Intelligence
Current Use by Public Records
Freddy's Frozen Custard ...
Restaurant
Similar For Sale Nearby
FAQs
What type of property is this?
Drive through restaurant - Absolute NNN freestanding drive-thru restaurant leased long-term with 2019 prototype construction and multiple option periods.
Where is this drive through restaurant located?
The property is located at 3182 Maple Avenue Zanesville, OH.
What are key features of this property?
This property features: Absolute NNN freestanding drive‑thru Freddy’s Frozen Custard & Steakburgers investment property, fee simple (land & building).; Tenant OH Steakburgers, LLC executed a brand new 15‑year lease with three (3) 5‑year option periods.; 7.0% rental increases every 5 years throughout the initial term and at the beginning of each option period.
