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Bob Evans 11477 Allen Rd 6,595 SF Retail Building Jeffersonville, OH 43128 $2,878,776 CAD ($436.51 CAD/SF) 6.50% Cap Rate
Investment Highlights
- Long-Term NNN Lease
- Established National Tenant
- Annual Rent Growth
- Large Parcel With Upside
Executive Summary
Surmount is pleased to present the exclusive listing for a Bob Evans located at 11477 Allen Road, Jeffersonville, OH 43128. The site consists of roughly 6,595 rentable square feet of building space on an estimated 2.95-acre parcel of land. Bob Evans is subject to a 20-year Triple Net (NNN) lease, which commenced 7/24/2023. The current annual rent is $136,896 and has scheduled increases of 2.00% Annually.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,595 SF
Building Class
C
Year Built
2009
Price
$2,878,776 CAD
Price Per SF
$436.51 CAD
Cap Rate
6.50%
NOI
$187,129 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
2.95 AC
Zoning
430 - Restaurant/Cafeteria/Bar
Frontage
434’ on Allen Rd
Amenities
- Freeway Visibility
- Pylon Sign
- Restaurant
- Signage
Somewhat walkable
20/100
Exceptionally drivable
100/100
Somewhat bikeable
20/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 090-015-001-001-04 | Improvements Assessment | $410,051 CAD |
| Land Assessment | $276,865 CAD | Total Assessment | $686,916 CAD |
Property Taxes
Parcel Number
090-015-001-001-04
Land Assessment
$276,865 CAD
Improvements Assessment
$410,051 CAD
Total Assessment
$686,916 CAD
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Bob Evans | 11477 Allen Rd
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