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INVESTMENT HIGHLIGHTS
Strong Corporate Guaranty The Investment is backed by a strong corporate guaranty, Bob Evans Restaurants, Inc., which has nearly 500 units owned and operated.
Abs NNN Lease | No LL Responsibility | 2% Annual Rent Increases Starting in 2027 Bob Evans is under an Absolute NNN lease structure, leaving no responsibility to the Landlord. Additionally, the lease features 2% annual rent increases starting in 2027, which goes throughout the term and into the options as well.
Visibility and Accessibility to Lincoln Highway (I-30) and State Route 170 | 11.9 Million Annualized Traffic Count The Property sits on the outer edge of the Summit Square Shopping Center, providing easy accessibility and visibility to Dresden Ave and the adjacent Lincoln Highway and State Route 170. Furthermore, the Property benefits from both of these highways' high traffic counts for the area on I-30 and State Route 170.
Outparcel of Summit Square Shopping Center The Property benefits from daily visitors to the stores at the Summit Square Shopping Center such as: Walmart, T.J. Maxx, Dollar Tree, Arby's, and T-Mobile, all of which generate high traffic to the site.
10 Minutes from State Route 39 Redevelopment East Liverpool has been granted over $13 million in funding to reconstruct and redevelop State Route 39 along the Ohio and West Virginia border. The redevelopment will expand the state route from the east side of the city at Mulberry Street and connect to the Pennsylvania State Line. It will also include a new water and sewer line replacement. With an additional access point to East Liverpool from Pennsylvania, Bob Evans will benefit from increased traffic flow to and from the site.
