About This Restaurant
Investment Highlights
LONG-TERM ABSOLUTE TRIPLE NET (NNN) LEASE STRONG HOTEL & RETAIL PRESENCE DAYTON INTERNATIONAL AIRPORT CORPORATE GUARANTEE EXCELLENT SITE-LEVEL VISIBILITY
Executive Summary
PRICING - $2,186,247CAP RATE - 7.00%NOI - $153,037GUARANTEE - CORPORATELEASE TERM - 13+ YEARS
Property Details
- Sale Type Investment NNN
- Property Type Retail
- Property Subtype Restaurant Restaurant General Retail Freestanding General Retail Storefront Restaurant
- Building Size 5,126
- Building Class C
- Year Built 1999
- Price 2,186,247
- Price Per SF 427
- Cap Rate 7
- NOI 153,037
- Tenancy Single
- Building Height 1 Story
- Building FAR 0.07
- Land Acres 1.75 AC
Amenities
- Bus Line
- Freeway Visibility
- Pylon Sign
- Signage
Nearby Amenities & Transportation
| Retail | Fricker's | ||
| Retail | Hooters | ||
| Retail | Skyline Chili | ||
| Retail | IHOP | ||
| Retail | CrossFit | ||
| Retail | Fifth Third Bank | ||
| Retail | Red Robin | ||
| Retail | Longhorn Steakhouse | ||
| Retail | Red Lobster | ||
| Retail | City Barbeque |
Property Taxes
| Parcel Number | A01-00307-0091 | Improvements Assessment | $193,230 |
| Land Assessment | $174,270 | Total Assessment | $367,500 |
| Date Created: | 2024-07-16 04:18:05 | Last Updated: | 2024-07-16 04:18:05 |
| Address: | 7400 Miller Ln , Dayton, Ohio, 45414 | ||