3792 Waterford Pky - Fast Food FOR SALE
Amelia, OH 45102 |
$2,917,000 USD
602-770-7145
3792 Waterford Pky
Amelia, OH 45102
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 69 locations, which include 34 Freddy’s restaurants
- 6th largest Freddy’s franchisee in the U.S
- HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.0-acre lot with great access/visibility on Ohio Pike
- traffic counts of 29,573 CPD!
- 2024 VERY AFFLUENT DEMOGRAPHICS: Population: 92,790 & Average Household Income: $104,112
FOR SALE DETAILS
PRICE
$2,917,000 USD
PRICE/SF
$800 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FREDDY'S (69 UNIT GUARANTY)- AMELIA, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2015
SPRINKLERS
-
PARKING SPACES
56
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
C
APN/PARCEL ID
41-31-12B-287
ASK ABOUT THIS PROPERTY
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602-770-7145
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602-770-7145
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