Property summary
This exceptional investment opportunity presents a 2,049 square foot Taco Bell restaurant situated on a 0.79-acre lot in Aurora, Ohio. The property boasts a new 25-year NNN ground lease with a highly reputable 270+ unit franchisee, ensuring consistent cash flow. Rent increases by 10% every five years, providing significant long-term growth potential. Strategically located as an outparcel to a busy Walmart and Kohl's shopping center, this location benefits from over 4.3 million annual customer visits. The property enjoys high visibility from its corner lot position in an affluent Cleveland suburb with an average household income of $158,000. Built in 2024, the building is part of a thriving "restaurant row" including Starbucks, Bob Evans, and McDonald's. The property's prime location along a four-lane state highway (19,289 vehicles per day) ensures exceptional exposure and accessibility. The strong NOI of $80,000 and a 4.85% cap rate make this a compelling investment with a current asking price of $1,650,000 ($805.27 per square foot). This is a rare opportunity to acquire a high-performing, passively managed asset with substantial long-term growth prospects.
Property profile
VerifiedCap rate & NOI
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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- Property Ownership
- Basic report summary
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning
- Property Insight Report
- Value Estimation
- Cap Rate Calculation
- Location Intelligence
- Business Placement
- Ownership
- Zoning