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Hot Dog Shoppe 740 W Market St 3,759 SF Retail Building Warren, OH 44481 $5,568,412 CAD ($1,481.35 CAD/SF) 7% Cap Rate



Investment Highlights
- Signalized Corner With Strong Visibility
- Surrounded By National Retailers
- Dense & Established Population Base
- Nearby Schools & Community Anchors
Executive Summary
Surmount is pleased to present the exclusive listing for a Hot Dog Shoppe located at 740 West Market Street, Warren, OH. The property consists of approximately 3,759 square feet on a 0.44-acre parcel and is strategically positioned at a signalized corner intersection along one of the area’s primary commercial corridors. The asset is secured by a 20-year Triple Net (NNN) lease that commenced April 1, 2021, offering investors a passive ownership structure with minimal landlord responsibilities. The current annual rent of $285,000 features steady 1.50% annual increases, providing built-in income growth and long-term stability.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,759 SF
Building Class
C
Year Built/Renovated
1964/2000
Price
$5,568,412 CAD
Price Per SF
$1,481.35 CAD
Cap Rate
7%
NOI
$389,789 CAD
Tenancy
Single
Building Height
1 Story
Loading Docks
1 Exterior
Building FAR
0.20
Lot Size
0.44 AC
Frontage
Amenities
- Signalized Intersection
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $149,788 CAD | |
| Land Assessment | $81,815 CAD | Total Assessment | $231,603 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$81,815 CAD
Improvements Assessment
$149,788 CAD
Total Assessment
$231,603 CAD
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Hot Dog Shoppe | 740 W Market St
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