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OhioNet LeaseRetail

Upland sells Arby’s in Ohio community

October 29, 2020
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Upland Real Estate Group‘s net lease team of Keith Sturm, Deborah Vannelli and Amanda Leathers represented the seller in the sale of an Arby’s restaurant in Ontario, Ohio.

The property received multiple offers and was sold to an all-cash 1031 exchange buyer. This 3,662-square-foot restaurant is an outparcel to Richland Mall, which includes more than 50 specialty stores and the Avita Health System Ontario Hospital.

Ontario, Ohio, is a major regional retail hub serving the entire North-Central Ohio area, with a shopping population of more than 150,000.

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