Little Caesars Pizza

Investment Overview

An exceptional investment opportunity in the Toledo, Ohio area! This property portfolio features 2 single tenant buildings totaling 2,610 SF, both buildings are fully occupied with Little Caesar's franchise with new long term leases and a great track record of performance. Built in 1980 and 1986 respectively the properties have been maintained exceptionally well and have gone undergone periodic updates and renovations per the franchise agreement. New 15 year leases with built-in rent escalators, absolute NNN leases, billboard revenue is received as well on the LaGrange St. property. This is as easy as it gets for investment ownership.

Investment Highlights

• New 15 year lease agreements
• Bult in rent escalators
• Absolute NNN leases - hands free investment
• Long standing tenant with proven track record of performance
• Well maintained buildings with periodic upgrades per franchise agreement
• 5.85% Year 1 Cap Rate.
• 2% per annum bumps captured each 5 years