Cap Rate
5.85%
Tot. SF
1,944
1305 North Main Street, Orrville, OH, 44667
Taco Bell$2,199,038
Key Information
Year Built
2000
Term Remaining
± 8.25 Years
Type
Retail
NOI
$126,743
Highlights
- ABS NNN Taco Bell backed by Charter Foods (±453 unit operator)
- ±8.25 years of remaining lease term, with four (4), five-year renewal options
- 25 year operating history with extremely strong sales (contact agent for details)
- Taco Bell signed a brand new 20-year lease in 2024, proving their long term commitment to the location and market
- Orrville is an affluent community with an average household income in excess of $97,293 (5 Mile radius)
- Annual rent escalations of 1.5% support steady organic income growth
- Nearby national tenants include O’Reilly Auto Parts, Dollar General, Family Dollar, McDonalds, Napa Auto Parts, Dunkin’, and many more
Photos
Location
Agents
J
Josh BishopLicense # 688810 (TX)
S
Scotty LatimerLicense # 790608 (TX)
Broker of Record
Matt Wallace
License # REC.2022007141, BRKP.2024002419 (OH)Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113