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FREDDY'S - (RED BANK) CINCINNATI, OH 3939 Red Bank Rd

3,607 SF Retail Building Cincinnati, OH 45227 $4,147,974 CAD ($1,150 CAD/SF) 6% Cap Rate

Retail Space Ohio Cincinnati 3939 Red Bank Rd, Cincinnati, OH 45227

Investment 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
  • 6th largest Freddy’s franchisee in the U.S
  • Traffic counts of 48,087 CPD!
  • OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants
  • Adjacent to Walmart Supercenter - positioned on a ±0.79-acre lot with great access/visibility on Red Bank Rd
  • 2024 VERY AFFLUENT DEMOGRAPHICS: Population (5-mi): 216,886 & Average Household Income (3-mi): $138,056

Executive Summary

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,607 SF
Building Class
B
Year Built
2016
Price
$4,147,974 CAD
Price Per SF
$1,150 CAD
Cap Rate
6%
NOI
$248,850 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.79 AC
Zoning
C
Frontage
50 ft on Red Bank Road

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Links

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Nearby Major Retailers

Bank of America
Freddy's Frozen Custard & Steakburgers
Frisch's Big Boy
Skyline Chili
Fifth Third Bank
Burn Boot Camp
Huntington National Bank
BIGGBY Coffee
Shred415
First Financial Bank

PROPERTY TAXES

Parcel Number 038-0002-0428 Improvements Assessment $335,450 CAD
Land Assessment $286,675 CAD Total Assessment $622,125 CAD

PROPERTY TAXES

Parcel Number
038-0002-0428
Land Assessment
$286,675 CAD
Improvements Assessment
$335,450 CAD
Total Assessment
$622,125 CAD
(402) 730-6021

Contact

  • Listing ID: 34195803

  • Date on Market: 2024-12-13

  • Last Updated:

  • Address: 3939 Red Bank Rd, Cincinnati, OH 45227

The Retail Property at 3939 Red Bank Rd, Cincinnati, OH 45227 is currently available for sale. Contact Commercial Investment Advisors, INC for more information.

Retail PROPERTIES IN NEARBY NEIGHBORHOODS

Nearby Listings

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3939 Red Bank Rd, Cincinnati, OH for sale Primary Photo- Image 1 of 9
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3939 Red Bank Rd, Cincinnati, OH for sale Building Photo- Image 2 of 9
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3939 Red Bank Rd, Cincinnati, OH for sale Building Photo- Image 3 of 9
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3939 Red Bank Rd, Cincinnati, OH for sale Building Photo- Image 4 of 9
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3939 Red Bank Rd, Cincinnati, OH for sale Building Photo- Image 5 of 9
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3939 Red Bank Rd, Cincinnati, OH for sale Building Photo- Image 6 of 9
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3939 Red Bank Rd, Cincinnati, OH for sale Building Photo- Image 7 of 9
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3939 Red Bank Rd, Cincinnati, OH for sale Building Photo- Image 8 of 9
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FREDDY'S - (RED BANK) CINCINNATI, OH | 3939 Red Bank Rd
(402) 730-6021 x

FREDDY'S - (RED BANK) CINCINNATI, OH | 3939 Red Bank Rd

Kendall Carlsen

(402) 730-6021

(402) 730-6021

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