Burger King

Highlights:

• Absolute NNN Lease - Zero Landlord Responsibilities - Tenant is Responsible for All Taxes, Insurance, Maintenance and Management on the Building
• 18 Years Remaining on a Lease Equipped with 4, 5 Year Options to Renew
• 10% Rental Increase Upcoming in 2026 and 12.5% Increases Every 5 Years Thereafter
• Excellent Location on Pearl Road in a Densely Populated Cleveland Neighborhood
• Directly Adjacent to the Cleveland Metroparks Zoo - Over 1MM Visitors Annually and one of the Most Popular Destinations in Northeast Ohio
• In Close Proximity to Metro Health's Old Brooklyn Medical Center
• Drive Thru Equipped Location with Ease of Access and Excellent Visibility and Signage
• Low Rent/SF Offers Minimal Downside and Significant Upside
• Rackson Restaurants is a 65+ Unit Burger King Franchisee with Locations Across the Midwest, Mid-Atlantic and Northeast United States

Description:

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Cleveland is a city in the U.S. state of Ohio, and the county seat of Cuyahoga County. The city proper has a population of 385,525, making it the 52nd-largest city in the United States and the second-largest city in Ohio. Greater Cleveland is ranked as the 33rd-largest metropolitan area in the U.S., with 2,057,009 people in 2018. A Gamma + city, Cleveland anchors the Cleveland–Akron–Canton Combined Statistical Area, which had a population of 3,515,646 in 2010 and is ranked 15th in the United States.

The city is located on the southern shore of Lake Erie, across the U.S. maritime border with Canada and approximately 60 miles (100 kilometers) west of the Ohio-Pennsylvania state border. It was founded in 1796 near the mouth of the Cuyahoga River by General Moses Cleaveland. It became a manufacturing center due to its location on both the river and the lake shore, as well as being connected to numerous canals and railroad lines. Cleveland's economy relies on diversified sectors such as manufacturing, financial services, healthcare, biomedicals, and higher education, and it the 31st in the nation per economic output, with GDP of $134 billion in 2018.

The city's major cultural institutions include the Cleveland Museum of Art, the Cleveland Orchestra, Playhouse Square, and the Rock and Roll Hall of Fame. Known as "The Forest City" among many other nicknames, Cleveland serves as the center of the Cleveland Metroparks nature reserve system.