Listing Agency: NorthMarq Show Phone

Listed By: David Wirgler · License #558227

Source: Moodyscre

Added: Aug 14, 2024 Changed: Jul 6 Last Checked: Jul 22 at 3:55AM

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Investment Insights

Based on property information with market context.

This property features a new construction drive-thru restaurant with a long-term absolute NNN corporate ground lease. Rental increases are scheduled every 5 years. The property is located in a premier retail corridor with affluent demographics and a high barrier to entry. The building size is 2,307 square feet.

Key Highlights

• Long‑Term Absolute NNN Corporate Ground Lease
• New Construction Drive‑Thru QSR
• Rental Increases Every 5 Years

Property Analytics

Property Profile

Current Use

Arby's Restaurant

Suggested Use

Top Pick Kitchen & Bath Showroom Storage Facility Grocery & Convenience Store Garden Center (Bike/Boat/Book/etc) Store HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,141

Businesses Nearby

865k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 40% Apparel 20% Shops & Services 18% Home Improvements & Furnishings 9%

Chick-fil-A Dining

54,804 visits/mo 0.2 miles

T.J. Maxx Apparel

51,860 visits/mo 0.4 miles

Acme Fresh Market Groceries

48,020 visits/mo 0.3 miles

Barnes & Noble Shops & Services

42,115 visits/mo 0.2 miles

DICK'S Sporting Goods Apparel

37,490 visits/mo 0.4 miles

Market

Vacancy Rate% for Retail in Akron, OH

5.3% 2020

5.3% 2021

4.5% 2022

4.2% 2023

5.4% 2024

6.4% 2025

Questions? Ask Rey

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What type of property is this? Where is this drive through restaurants located? What is the asking price? Find similar properties ... What are key features of this property?

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Frequently Asked Questions

What type of property is this?

Drive through restaurant - New construction drive-thru restaurant in a premier retail corridor.

Where is this drive through restaurant located?

The property is located at 4100 Medina Rd Akron, OH.

What is the asking price?

The asking price for this property is $2,600,000.

What are key features of this property?

This property features: Long‑Term Absolute NNN Corporate Ground Lease; New Construction Drive‑Thru QSR; Rental Increases Every 5 Years