Bob Evans NNN Property For Sale
This offering presents an excellent opportunity to acquire a net-leased Bob Evans property. The asset features a desirable cap rate and a long-term lease with annual escalations, providing a stable income stream for investors. Bob Evans Restaurants is a well-established national chain, offering strong tenant appeal.
- Asking price $2.25M
- 5.50% cap rate
- NOI $130,000
- 20 years remaining
- NNN lease
- Building size: 5,500 SF
- Lot size: 1.00 acres
- Rent increases: 2% annually
- Guarantor: Corporate
Asset type: Restaurant