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907 Highway 28
Milford, OH 45150

$2,440,000 USD

Fast Food For Sale  •  3,291 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,291 SF
  • Lot Size 1.11 AC
  • Building Class C
  • Year Built 2010
  • Cap Rate 6.25 %
  • Tenancy Single
  • Zoning C
0 Transit Score
42 Walk Score

Highlights

LONG -TERM LEASE - Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 74 locations, which include 39 Freddy’s restaurants
6th largest Freddy’s franchisee in the U.S
HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.106-acre lot with great access/visibility on Business 58 with traffic counts of 16,305 CPD
2024 VERY AFFLUENT DEMOGRAPHICS: Population: 76,164 & Average Household Income: $146,310

Property Flyers

Cap Rate: 6.25 %

Major Tenants

Tenant SF Occupied Lease End Date
Freddy's

Amenities

  • Pylon Sign
  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Cincinnati/Northern Kentucky International 48 min - 32.8 mi

Parking Details

Parking Available: Yes
Reserved: No
Spaces Provided: 30
Type: Surface
Included in Rent: Yes
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC
Kendall Carlsen 480-718-5555 Commercial Investment Advisors, INC