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Bob Evans

Coshocton, Ohio

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NNN Pro Group is pleased to present the exclusive listing for a Bob Evans located at 80 S Whitewoman St in Coshocton, Ohio. The site consists of roughly 3,832 rentable square feet of building space on estimated 1.76-acre parcel of land. This Bob Evans is subject to a 20-year absolute triple-net (NNN) lease, which commenced July 24th, 2023. The current annual rent is $253,894 and is scheduled to increase 2% annually starting on May 1st, 2026, throughout the base term and in each of the 4, 5-year renewal options.

About the Investment:

✓ Long-Term, 20-Year Absolute Triple Net (NNN) Lease
✓ Two Percent (2%) Annual Rental Increases Starting May 1st, 2026
✓ Four (4), Five (5)-Year Tenant Renewal Options, Bringing the Potential Lease Term to 40 Years
✓ Corporate Guarantee From Bob Evans Restaurants, LLC (440+ Corporate Locations)

Key Details

Price:
$3,761,393
Cap Rate:
6.75%
Annual Rent:
$253,894
Address:
80 S Whitewoman St, Coshocton, Ohio
Property Type:
Net-Leased Restaurant
Lease Type:
Triple Net (NNN)

Original Lease Term:
20 Years
Lease Commencement:
July 24, 2023
Lease Expiration:
July 31, 2043
Lease Term Remaining:
20 Years
Rental Increases:
2% Annually Starting May 1st, 2026
Lot Size:
1.76 Acres
Building Size:
3,832 SF
Year Built:
1994
Tenant:
Bob Evans

Talk to the pros

Glen Kunofsky

License: 49KU1129178

Daniel Price

License: 10401306175

Rocco Driscoll

License: 10401370484

Broker of record

Brian Brockman

Bang Realty, Inc

License: BRK.2009000214


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