New NNN Arby's Sale Leaseback Cincinnati, OH 11969 Lebanon Rd

11969 Lebanon Rd , Sharonville, Ohio, 45241 | 2,445 sq.f | $ 1,750,000

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About This Restaurant

Investment Highlights

New Arby's NNN Sale Leaseback Being Offered At Under Land and Building Cost! Great Location Busy Area Off Major Highway Interchange.

Executive Summary

New Arby's (Opened December 2023)New 20 Year Lease With Additional 4 - 5 Year Options. (5.75% bumps every 5 years)Great Location. (Suburb of Cincinnati)Located on Heavily traveled Lebanon Rd. aka St. Rt 42Located off Busy I 275 Interchange and 2 exits with stop lights.Out Parcel of Shopping Center.Located near Kroger's, CVS, Walgreens, Wendy's, BK, McDonalds, White Castle, Taco Bell, KFC, Speedway, Tire Discounters, Gabes, Tile Shop, Dunkin, Starbucks, Bank of America, Fifth Third and Many More Retail and Offices.Office, Residential, Retail, Industrial all here.Franchisee Owns and Operates 69 Arby's Locations in 7 States. (Restaurant Management Inc.)Being Offered At Under Land and Building Cost.

Property Details

  • Sale Type    Investment NNN
  • Sale Condition    Sale Leaseback
  • Property Type    Retail
  • Property Subtype    Fast Food
  • Building Size    2,445
  • Year Built    2023
  • Price    1,750,000
  • Price Per SF    716
  • Cap Rate    5.50
  • NOI    96,250
  • Tenancy    Single
  • Building Height    1 Story
  • Building FAR    0.06
  • Land Acres    0.98 AC

Nearby Amenities & Transportation

Retail Patel Brothers
Retail Bank of America
Retail Skyline Chili
Retail Huntington National Bank
Retail Scrambler Marie's
Retail Waffle House
Retail Fifth Third Bank
Retail Kroger
Retail Chase
Retail Starbucks

Property Taxes

Parcel Number 608-0027-0310 Improvements Assessment $0
Land Assessment $0 Total Assessment $0
Date Created: 2024-07-16 04:18:05 Last Updated: 2024-07-16 04:18:05
Address: 11969 Lebanon Rd , Sharonville, Ohio, 45241