Red Lobster NNN
For Sale
Contact for pricing
3805 Burbank Rd, Wooster, OH 44691
Restaurant real estate subject to an absolute triple-net lease with scheduled annual rent increases and renewal options.
Property Size4,233 SF
Lot Size1.22 Acres
Days on Market143
Property Features for 3805 Burbank Rd
General Information
Standard status
Active
Size
4,233 SF
Lot size
1.22 Acres
Property subtype
Retail
Additional Details
Gross Income
$189,060
Building Details
Buildings
1
Tenancy
Single
Listing Agency:
SURMOUNT
(332) 345-4222
Listed By:
Glen Kunofsky · License #NY 49KU1129178
Source:
Crexi
Added: Apr 11
Changed: Aug 31
Last Checked: Aug 29 at 7:28PM
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.
The property comprises a Red Lobster restaurant with approximately 4,233 rentable square feet on an estimated 1.22-acre parcel. The restaurant use and existing building improvements provide an established commercial configuration at the site.
Located at 3805 Burbank Road in Wooster, Ohio, the property is subject to a 26.5-year absolute triple-net lease that began July 28, 2014. Contractual rent increases are set at 2.00% annually during the remaining base term and continue through four five-year renewal options.
Located at 3805 Burbank Road in Wooster, Ohio, the property is subject to a 26.5-year absolute triple-net lease that began July 28, 2014. Contractual rent increases are set at 2.00% annually during the remaining base term and continue through four five-year renewal options.
Key Highlights
- 4,233 rentable square feet of restaurant building space
- Estimated 1.22‑acre parcel at 3805 Burbank Road
- 26.5‑year absolute triple‑net lease commenced July 28, 2014
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
694
Businesses Nearby
Explore this area
Business Placement
Demographics for 44691, OH
44,666
Population
19,369
Households
2.3
Avg Household Size
41
Median Age
31%
College-Educated
93%
High-School Grad
154.9 sq mi
ZIP Area
288
Density / Sq Mi
$71,319
Median Household Income
$37,322
Median Earnings
$881
Median Rent
$216,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
NNN property - Restaurant real estate subject to an absolute triple-net lease with scheduled annual rent increases and renewal options.
Where is this nnn property located?
The property is located at 3805 Burbank Rd Wooster, OH.
What are key features of this property?
This property features: 4,233 rentable square feet of restaurant building space; Estimated 1.22‑acre parcel at 3805 Burbank Road; 26.5‑year absolute triple‑net lease commenced July 28, 2014
