- For Sale $1,750,000
- Property Type Retail - Freestanding
- Property Size 4,000 SF
- Lot Size 1.1 Acre
- Property Tenancy Single Tenant
- Year Built 2015
- Date Updated Oct 27, 2026
Description
Mount Vernon is a city in Knox County, Ohio, United States. It is located 40 miles northeast of Columbus. The population was 16,990 at the 2010 census. It is the county seat of Knox County.
Knox County is a county located in the U.S. state of Ohio. As of the 2020 census, the population was 62,721. Its county seat is Mount Vernon. The county is named for Henry Knox, an officer in the American Revolutionary War who was later the first Secretary of War..
Highlights
- HIGH-VISIBILITY RETAIL LOCATION Frontage along Coshocton Avenue offers visibility to approximately 20,149 vehicles per day within an established retail corridor
- INCOME DURING REPOSITIONING The existing absolute net lease provides contractual income while ownership pursues a replacement tenant and plans the property’s next use
- LEASE IN PLACE THROUGH SEPTEMBER 2027 Panera has ceased operations but remains under lease through August 31, 2027, with scheduled annual rent of $138,000
- MODERN DRIVE-THRU RESTAURANT Built in 2015, the approximately 4,000 SF building features an existing drive-thru on a 1.1-acre parcel
- SALE OR LEASE OPPORTUNITY Available for acquisition or a replacement tenancy, with possession and delivery subject to resolution of the existing Panera lease
- WALMART & ALDI OUTPARCEL Positioned at the signalized entrance serving Walmart Supercenter and ALDI, providing exposure to established shopping traffic
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Contacts
Brent Hanna
Encore Real Estate Investment Services
Location
Contact Listing Broker
Brent Hanna
Encore Real Estate Investment Services
