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2647 Navarre Ave 3,743 SF Retail Building Oregon, OH 43616 $1,755,535 CAD ($469.02 CAD/SF) 5.05% Cap Rate

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EXECUTIVE SUMMARY

Absolute NNN corporate-backed investment featuring a fee simple, freestanding 3,746 SF quick-service restaurant. Constructed in 1995 and fully renovated in 2017, the building is in excellent condition with a functional layout, interior seating for approximately 80 guests, and a single drive-through lane. The property is secured by a strong corporate Arby’s tenant, providing long-term stability and minimal landlord responsibilities.
Located along high-visibility Navarre Avenue—one of Oregon, Ohio’s primary commercial corridors—the site benefits from strong frontage, dense national retail presence, and consistent daily traffic. The Oregon Town Center mixed-use development, currently under construction one block southeast, is expected to further enhance activity and demand in the area. The surrounding trade area continues to show strong commercial performance, reinforcing this location’s long-term investment strength.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,743 SF
Building Class
B
Year Built/Renovated
1995/2017
Price
$1,755,535 CAD
Price Per SF
$469.02 CAD
Cap Rate
5.05%
NOI
$88,603 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.76 AC
Zoning
C-2
Parking
38 Spaces (10.15 Spaces per 1,000 SF Leased)
Frontage
144’ on Navarre Ave

AMENITIES

  • Pylon Sign
  • Drive Thru

MAJOR TENANTS

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE END
  • Accommodation and Food Services
  • -
  • -
  • -

The Arby's brand purpose is Inspiring Smiles Through Delightful Experiences™. Arby's delivers on its purpose by celebrating the art of Meatcraft® with a variety of high-quality proteins and innovative, crave-able sides, such as Curly Fries and Jamocha shakes. Arby's Fast Crafted® restaurant services feature a unique blend of quick-serve speed combined with the quality and made-for-you care of fast casual. Arby's Restaurant Group, Inc. is the franchisor of the Arby's Brand and is part of the Inspire Brands family of restaurants headquartered in Atlanta, Ga. Arby’s, founded in 1964, is a leading sandwich drive-thru restaurant brand with restaurants globally.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE END
Accommodation and Food Services - - -

NEARBY MAJOR RETAILERS

Tim Hortons
PNC Bank
7 Brew Coffee
Chase Bank
Bob Evans Restaurants
BIGGBY Coffee
Planet Fitness
Citizens Bank
Rent-A-Center
Huntington National Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
44-21264
Land Assessment
$26,889 CAD
Improvements Assessment
$333,167 CAD
Total Assessment
$360,056 CAD
  • Listing ID: 38749167

  • Date on Market: 2025-12-11

  • Last Updated:

  • Address: 2647 Navarre Ave, Oregon, OH 43616

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