1334 Bernath Parkway, Toledo, Ohio 43615
Cap Rate: 6.75%
Price Per SF: $312.08
Leasable Area: 8,308+ SF
Term Remaining: 10 Years
Year Built: 1981/2005
Lot Size: 2.45 Acres
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.