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Mentor (Cleveland MSA), OH 44060
Wendy's Ground Lease
Offering Summary
Price:
$2,200,000
Lot Size:
.73 Acres
Year Built:
2018
Building SF:
2,749
Status:
CLOSED
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New 20-Year Absolute Net Ground Lease - Multi-Unit Franchise (Founding Family of Wendy’s)
10% Rental Increases Every 5 Years
102,987 Residents in Mentor Trade Area - Cleveland MSA
Average Household Income Exceeds $84K within Surrounding Area
Situated in a New Highway-Visible (59,100+ Cars/Day) Shopping Center, Anchored by Giant Eagle Supermarket
Visible to 30,020+ Cars/Day Along Center Street (OH-615)
Surrounded by More Than 1,700 Companies with Over 32,000 Employees, Including Major Corporations, Manufacturers, Retailers, and Small Businesses
Excellent Freeway Access - Directly Off State Route 2 (59,100+ Cars/Day) and 2 Miles from Interstate 90 (65,000+ Cars/Day)
Less Than 1 Mile to Mentor High School (2,600+ Students)
4 Miles to Lakeland Community College (13,000+ Students)
3 Miles to Great Lakes Mall with more than 6 Million Shoppers Annually
Broker Information
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Jamie Medress
Agent
Phone Number:
602.687.6778
jmedress@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
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