Biggby Coffee & PNC ATM

Nestled in the heart of Cuyahoga County, Brook Park is a vibrant and friendly suburban city that offers the perfect blend of small-town charm and modern amenities. With its tree-lined streets, well-maintained parks, and close-knit community, Brook Park is a place that residents and visitors alike are proud to call home. In addition to its picturesque parks, Brook Park boasts a thriving community with a wide range of recreational activities. The city's recreational department offers programs for people of all ages, from sports leagues to fitness classes to arts and crafts workshops. Residents can also take advantage of the city's well-maintained sports fields, playgrounds, and community pools, providing plenty of options for staying active and engaged. Brook Park is also conveniently located near major transportation hubs, including Cleveland Hopkins International Airport, making it a prime location for travelers and commuters. The city's proximity to major highways, such as Interstate 71 and Interstate 480, also provides easy access to downtown Cleveland and other nearby cities, making it a great location for those who work or play in the metropolitan area. When it comes to amenities, Brook Park has it all. The city is home to a variety of shops, restaurants, and entertainment options, offering something for everyone. From quaint local eateries to national chains, you'll find a diverse selection of dining options in Brook Park. Plus, with its proximity to Cleveland, residents have access to world-class cultural attractions, including museums, theaters, and sports stadiums. In summary, Brook Park, Ohio, offers a serene and family-friendly environment with beautiful natural surroundings, a wide range of recreational opportunities, convenient location, diverse amenities, excellent schools, and a strong sense of community. Whether you're looking for a place to raise a family, start a career, or simply enjoy a peaceful suburban lifestyle, Brook Park has something to offer everyone.Fortis Net Lease is pleased to present this 2,377 SF. freestanding Biggby Coffee & PNC ATM building located in Brook Park, Ohio. The Biggby Coffee has a 10 year Double Net (NN) Lease requiring zero landlord responsibilities, with 3% rent bumps every 5 years, and with Two (5 Year) options to renew. PNC operates on a 7.5 Year term lease equipped with One (1 year) option to renew. This site is highly visible as it is strategically positioned on Snow Road which sees 22,746 cars per day. The five mile population from the site is 256,842 while the one mile average household income is $66,460 per year, making this location ideal for a Biggby Coffee. The Subject offering represents an ideal opportunity for a 1031 exchange buyer or a “passive” investor to attain the fee simple ownership of a Biggby Coffee. This investment will offer a new owner continued success due to the financial strength and the proven profitability of the tenant, one of the nation’s top coffee shops. List price reflects a 6.50% cap rate based on NOI of $62,400.