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3405 Briarfield Blvd Maumee, OH 43537

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Freestanding restaurant on 3.22 acres with long-term NNN lease.

Type:Retail
Property size:
7,083 SF
Lot size:
3.22 Acres
Added:
Mar 28, 2023
Days on Market:
1115
Last Refresh:
Mar 17 at 1:23 pm

Property Features for 3405 Briarfield Blvd

General Information

Standard status
Active
Size
7,083 SF
Lot size
3.22 Acres
Property subtype
Retail

Building Details

Year Built
2002

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Listing Contact
Chris Bosworth

Listing agent Chris Bosworth License #GA 248342

Listing office CBRE - Atlanta

Listing date Mar 28, 2023

Source Crexi

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 CBRE - Atlanta


Overview

Carrabba's Italian Grill For Sale

This is a 7,083-square-foot freestanding Carrabba’s Italian Grill situated on 3.22 acres in Maumee, OH, which is part of the Toledo, OH MSA. The absolute NNN lease has approximately 6.2 years of primary term remaining, along with four 5-year renewal options. The lease is corporately guaranteed by Bloomin’ Brands, Inc. The rent increases each year by the lesser of (i) 1.75% or (ii) 1.7 times the CPI increase. This location has a long operating history with strong store sales. Since 2019, sales have increased 37%.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Carrabba's Italian Grill Take-out & Catering

Suggested Use

Restaurant Real Estate Agency Law Firm Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

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  • Local Demand
City
Maumee
County
Lucas
State
Ohio
Longitude
-83.6930834
Latitude
41.5795183

FAQs

What type of property is this?
Conventional restaurant - Freestanding restaurant on 3.22 acres with long-term NNN lease.
Where is this conventional restaurant located?
The property is located at 3405 Briarfield Blvd Maumee, OH.
What is the asking price?
The asking price for this property is $4,647,000.
What are key features of this property?
This property features: Absolute NNN lease requiring minimal landlord responsibilities.; Corporate guaranty from Bloomin’ Brands, Inc.; ±6.2 years of primary lease term remaining with four 5‑year renewal options.
More about this property
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