Bob Evans 220 Byers Rd

220 Byers Rd , Miamisburg, Ohio, 45342 | 6,116 sq.f | $ 3,638,427

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About This Restaurant

Investment Highlights

Accomplished Restaurant Chain with Bob Evans Corporate Guaranty Top 25% Performing Bob Evans Location Nationally 19+ Years Remaining on Base Lease Term with Renewal Option Periods 28-Year Operating History with New 20-Year Lease Absolute NNN Lease with Annual Rent Increases Located Across From Dayton Mall | Situated in a Thriving Retail Corridor and Highly-Populated, Affluent Area

Executive Summary

In association with: David Clary, OH Lic. # BRKA.2021000444

Property Details

  • Sale Type    Investment NNN
  • Property Type    Retail
  • Property Subtype    Restaurant
  • Building Size    6,116
  • Building Class    C
  • Year Built    1996
  • Price    3,638,427
  • Price Per SF    595
  • Cap Rate    7
  • NOI    254,690
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.11
  • Land Acres    1.29 AC

Amenities

  • Bus Line
  • Freeway Visibility
  • Pylon Sign
  • Restaurant
  • Signage

Nearby Amenities & Transportation

Retail Bob Evans
Retail Perkins Restaurant & Bakery
Retail Tim Hortons
Retail Fifth Third Bank
Retail CrossFit
Retail U.S. Bank
Retail Keybank
Retail First Watch
Retail Bonefish Grill
Retail Waffle House

Property Taxes

Parcel Number K46-00718-0039 Improvements Assessment $147,970
Land Assessment $289,770 Total Assessment $437,740
Date Created: 2024-07-16 04:18:04 Last Updated: 2024-07-16 04:18:04
Address: 220 Byers Rd , Miamisburg, Ohio, 45342