TGI Fridays 

1334 Bernath Parkway, Toledo, Ohio 43615

Pricing

Price: $2,592,740

Cap Rate: 6.75%

NOI: $175,010

Price Per SF: $312.08

Leasable Area: 8,308+ SF

Term Remaining: 10 Years

Year Built: 1981/2005

Occupancy: 100%

Lot Size: 2.45 Acres

Status: Available

Highlights

  • Corporate Guarantee - Large Franchisee operator with TGI Fridays Corporate Guarantee, wih over 870 restaurants in 60 countires and 49 US states.

  • Large Corner Lot - This location sits on a 2.45 acre parcel located at the corner of Bernath Parkway & Airport Highway, and boasts traffic counts above 27,000 VPD.

  • Highly Populated Area - Highly populated area with over 278,000 residents withing a 5-mile radius of the subject property. 

  • Zero Landlord Responsibility - Absolute Triple Net Lease. There are Zero Management responsibilities, perfect for buyers looking for a “hands-off” investment.

BROKERS OF RECORD: Bang Realty, Inc RE#BRK.20090000214 & REC.2009002663

41995 Boardwalk Suite L-1

Palm Desert, CA 92211

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Tel: 800-948-1250

Fax: 717-797-0004

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