3405 Briarfield Blvd Maumee, OH 43537
For Sale
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This exceptional investment opportunity presents a 7,083-square-foot Carrabba's Italian Grill in Maumee, Ohio. Located on a 3.22-acre lot at 3405 Briarfield Blvd, this freestanding restaurant benefits from high visibility and excellent access, situated less than 9.5 miles southwest of downtown Toledo. The property features 105 parking spaces and boasts a strong operating history, with sales increasing 37% since 2019. The absolute NNN lease with Bloomin' Brands, Inc. provides a corporate guarantee and offers approximately 7.4 years remaining on the primary term, plus four 5-year renewal options. Annual rent increases are capped at the lesser of 1.75% or 1.7 times the CPI increase. Built in 2002, this single-building property offers a compelling 7.00% cap rate with a Net Operating Income (NOI) of $303,716 and an asking price of $4,338,810 ($612.57/sq ft). The lease commenced on March 14, 2012, and expires on March 31, 2032. This is a rare opportunity to acquire a well-established, high-performing restaurant property with a secure, long-term lease. The property is located in Lucas County, Ohio, zip code 43537.
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Carrabba's Italian Grill Take-out & Catering Catering Service
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
17-C2 · Maumee, OHMaumee. Always verify with local authorities before improvements.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.