342 Pike Street

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342 Pike Street

Marietta, OH 45750
Asking Price
$3.41M
Cap Rate
5.85%
Asset Type
QSR/Fast Food Retail
Class
Class B

What's Special

Taco Bell | ABS NNN | 5.85% Cap | Marietta, OH <p><strong>HIGH-TRAFFIC PIKE STREET CORRIDOR</strong> - Prime location on Pike Street (SR 7) with 28,300 vehicles per day, serving Marietta's established residential base and regional workforce</p><p></p><p><strong>PROVEN PERFORMANCE - 10+ YEARS OPERATING </strong>- Restaurant opened March 2015 and continues to perform, demonstrating site strength, market acceptance, and franchisee commitment to the location</p><p></p><p><strong>STRONG BUILT-IN RENT GROWTH</strong> - 1.5% annual escalations prov

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NOI
$80,000
Cap Rate
2.34%
DSCR
0.39
Underwater
Cash-on-Cash
-11.98%
Monthly Payment
$16,892.509
Annual Cash Flow
$-122,710.109

Location & Travel Times