863 Arlington E, Akron, OH

Listing agent Doug Roland Show Phone

Listing office Sands Investment Group (SIG) | Austin Show Phone

Listing date Oct 16, 2024

Source Moodyscre

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 Sands Investment Group (SIG) | Austin

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Overview

This restaurant property is located off of S Arlington Road, which sees over 26,000 vehicles per day. The surrounding area includes national retailers such as Target, Taco Bell, Chipotle, Five Guys, Wendy’s Burger King, and Bob Evans. Multiple national hotel brands are located nearby, including Residence Inn, Hampton Inn, and Holiday Inn Express. For two consecutive years, Site Selection Magazine ranked Akron #2 among metros with populations of 200,000 to 1 million for new business expansions and relocation. The property is occupied by Freddy’s Frozen Custard & Steakburgers, a fast-casual franchise concept with over 500 locations across 36 states in the U.S. The lease includes 7.5% rent increases every 5 years and at each of the three, 5-year option periods. The lease is guaranteed by Personal Guarantee and OH Steakburgers, LLC. The property size is 2,600 square feet.

Suggested Use

Real Estate Agency Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Daycare Center

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

Location Insight

• Map
• Local Demand

City

Akron

County

Summit

State

Ohio

Longitude

-81.491

Latitude

41.0486

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FAQs

What type of property is this?

Drive through restaurant - Restaurant property for sale near S Arlington Road in Akron, OH.

Where is this drive through restaurant located?

The property is located at 863 Arlington E Akron, OH.

What is the asking price?

The asking price for this property is $2,350,000.

What are key features of this property?

This property features: Strong tenant with personal and corporate guarantees (OH Steakburgers, LLC).; 7.5% rent increases every 5 years and at each option period.; Freddy’s Frozen Custard & Steakburgers is a well‑established national franchise with over 500 locations.