For Sale
$1,458,016
4034 Cleveland Massillon Rd Norton, OH 44203
- Added:
- Dec 11, 2024
- Days on market:
- 135
Highlights
- 18-year lease with six 5-year options provides long-term passive income.
- Absolute NNN lease with annual rent increases (starting March 1, 2028) offers strong rental growth and no landlord responsibilities.
- Tenant is SFR XI Holdings, LLC, a leading Pizza Hut franchisee with 120+ locations, ensuring operational expertise and strong performance.
- Pizza Hut, a globally recognized brand, offers recession and internet-resistant tenancy.
- Ideal 1031 exchange opportunity with a low price point.
- High-traffic location at the first signalized intersection off Highway 480, across from a Giant Eagle.
Property Details for 4034 Cleveland Massillon Rd
- Property type
- Retail properties, Restaurants
- Square Feet
- 1,430 SF
- Year Built
- 2012
- Lot Size (sq. ft)
- 37,462 SF
Location Insight
- City
- Norton
- County
- Summit
- State
- Ohio
- Latitude
- 41.0288737
- Longitude
- -81.6385244
Nearby Similar for Sale
FAQs
- Where is the retail property located?
- The property is located at 4034 Cleveland Massillon Rd Norton, OH.
- What is the asking price?
- The asking price for this property is $1,458,016.
- What are key features of this property?
- This property features: 18-year lease with six 5-year options provides long-term passive income.; Absolute NNN lease with annual rent increases (starting March 1, 2028) offers strong rental growth and no landlord responsibilities.; Tenant is SFR XI Holdings, LLC, a leading Pizza Hut franchisee with 120+ locations, ensuring operational expertise and strong performance.
- How can I contact the broker?
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