About This Restaurant
Investment Highlights
15-Year Absolute NNN Lease with 5% Increases Every 5 Years Largest Panera Franchisee in the U.S. (350+ Locations), Award-Winning and Experienced Operator Brand New High-Quality Construction with a Drive-Thru, Largest Panera Prototype Relocation of High-Performing Inline Store Nearby, Proven Concept in Trade Area Strong Financials, Lease Guaranteed by CAD Capital, LLC with 50+ Locations Serving Over 116,000 Residents in Growing Cincinnati Suburb
Executive Summary
Property Details
- Sale Type Investment NNN
- Sale Condition Build to Suit
- Property Type Retail
- Property Subtype Fast Food Fast Food General Retail Freestanding General Retail Restaurant Fast Food
- Building Size 3,900
- Building Class B
- Year Built 2023
- Price 3,652,000
- Price Per SF 936
- Cap Rate 5.50
- NOI 200,850
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.10
- Land Acres 0.94 AC
Nearby Amenities & Transportation
| Retail | WesBanco | ||
| Retail | Chase | ||
| Retail | Bank of America | ||
| Retail | MOD Pizza | ||
| Retail | Taziki?s Mediterranean Caf? | ||
| Retail | Burn Boot Camp | ||
| Retail | Olive Garden Italian Rstrnt | ||
| Retail | Starbucks | ||
| Retail | D1 Sports Training | ||
| Retail | The Original Pancake House |
Property Taxes
| Parcel Number | 500-0040-0278 | Improvements Assessment | $190,957 |
| Land Assessment | $200,883 | Total Assessment | $391,840 |
| Date Created: | 2024-07-16 04:18:05 | Last Updated: | 2024-07-16 04:18:05 |
| Address: | 8501 Beechmont Ave , Cincinnati, Ohio, 45255 | ||