JUST SOLD: AMF Bowling Company Ground Lease | Sold for List Price Prior to National Marketing | $2,903,000 | Brook Park, Ohio
Kyle Hartung of Goodman Real Estate Services Group LLC recently brokered the $2,903,000 sale of the AMF Bowling Company groud lease located in Brook Park, Ohio. The listing sold for 100% of list price and the buyer was procured prior to publicly marketing the property for sale. AMF has a total of 54 years of past tenancy at the property and leases on a triple-net basis. Hartung exclusively represented the seller of the property, Albert Ratner and RMS Investment Corporation. The property is a 46,926 square foot freestanding building surrounded by other national and regional retailers, including Giant Eagle, Planet Fitness, Marc's grocery store, Huntington, Fifth Third, Ohio Savings, and PNC banks, Rite Aid, CVS, and many others. The property is located just east of the major intersection of Snow and Smith roads in Brook Park, Ohio, and has access to major highways I-480 and I-71 within only one mile.