Burger King
Property Type: Retail | Property Status: Sold
Property Details
Price: $1,800,000
CAP Rate:
Square Feet:
Tenancy Type: National
Lease Type: Absolute NNN
Location Info
Address: 3200 Atlantic Blvd.
City: Canton
State: OH
Zip: 44705
Property Description
Short Description:
The Cooper Commercial Investment Group is pleased to announce the sale of Burger King located in Canton, Ohio. Dan Cooper, President and Broker of the Cooper Commercial Investment Group in Cleveland, Ohio, had the privilege to represent the owner, a private investment group out of Canton, Ohio, while the buyer was a private investor out of California. The quick sale was for $1,800,000, the buyer was found within the first 5 days of marketing the property for sale and went from contract to close in 27 days. The sale price represented a 6.5% CAP Rate and 94% of the list price.
Details