10894 New Haven Road

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10894 New Haven Road

Harrison, OH 45030
Asking Price
$2.26M
Cap Rate
6.9%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

| 6.90% CAP | 2,225 SqFt | Highway Location <ul><li>​6.5 Years Remains in Primary Term</li><li>​10% Rent bumps every 5 years including options</li><li>​No early termination clause</li><li>​NN+ lease with minimual landlord responsiblity</li><li>​Large Capacity Drive-Thru Lane</li><li>​Highly excessible - 3 ingress/egress points</li><li>​Ample parking stalls to handle peak demand</li><li>​Quality construction- tenant may seek LEED Cert.</li><li>​High Visibilty with Limited Competition</li><li>​Located directly adjacent to the I-74 Interchan

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NOI
$80,000
Cap Rate
3.54%
DSCR
0.60
Underwater
Cash-on-Cash
-7.98%
Monthly Payment
$11,168.878
Annual Cash Flow
$-54,026.539

Location & Travel Times