4100 Medina Rd Akron, OH 44333
Property profile & analytics
4100 Medina Rd Akron, OH 44333
- Gas stations
- 2,307 SF
- 0.65 lot acres
Property ID
US66-2601856
The Realmo ID is a unique identifier assigned to every property, incorporating country codes and precise geo-coordinates for 300x300-foot land blocks. It enables standardized data collection and seamless integration of disparate sources such as ownership, tax, title data and physical specifications. By aggregating current and historical records, the Realmo ID powers advanced analytics and delivers deep, verifiable insights for real estate professionals.
Location Intelligence
Current Use by Public Records
- Arby's / Restaurant / Take-out & Catering
Property Details for 4100 Medina Rd
- Year built
- 1995
- Lot size
- 0.65 lot acres
- Property size
- 2,307 SF
- Property type
- Gas stations
- APN
- 15-00956
- APU
- 1500956
Description
This exceptional investment opportunity presents a corporate ground lease for a newly constructed Arby's restaurant in Fairlawn, Ohio (Akron MSA). Located at 4100 Medina Rd, this 2,307 square foot quick-service restaurant sits on a 0.58-acre lot and boasts a prime location with high visibility and accessibility. The property benefits from direct frontage on Medina Road (37,000 vehicles per day) and convenient access to I-77 (42,000 vehicles per day). Built in 2023, this property is surrounded by a thriving retail environment, including major retailers such as The Home Depot, Chick-fil-A, T.J. Maxx, Courtyard by Marriott, and Holiday Inn. The surrounding area is densely populated, with 62,809 residents within a 5-mile radius and an average household income of $129,588 annually. The absolute NNN lease with Arby's features a 14-year term commencing March 17, 2024, and expiring March 31, 2038, leaving a substantial 13.4 years remaining. The lease includes rent bumps of 8% every five years and four, five-year lease options. The asking price is $2,477,000, representing a 5.25% cap rate and a price per square foot of $1,073.69. The property currently generates a net operating income (NOI) of $130,000, reflecting a 100% occupancy rate. This presents a strong, long-term investment opportunity in a high-demand location with a nationally recognized brand. The property's high barrier to entry and affluent demographics further enhance its investment appeal.
Value Estimations
based on Realmo’s proprietary methodology
-
AI approach
- Method
- Estimation
- Statistic approach
- $1,165,000
- ML approach
- $1,050,000
-
Comparable approach
- Method
- Estimation
- Statistic Estimate
- $1,508,000
Market price range: $171k - $1.51M
Get a detailed, property-specific estimation — fast and free
Location Insight
- Map
- Local Demand
- City
- Akron
- County
- Summit
- State
- Ohio
- Longitude
- -81.6467
- Latitude
- 41.1355
- CBSA code
- 10420
- CBSA name
- AKRON, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$25,791
$78,900
$270,870
$349,770
-
$225,420
$773,900
$999,320
