O'Charley's on Crookshank | 5075 Crookshank Rd
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O'Charley's on Crookshank 5075 Crookshank Rd
6,128 SF Retail Building Cincinnati, OH 45238 $2,256,729 CAD ($368 CAD/SF) 6% Cap Rate
Investment Highlights
- Long term tenant under lease
- True NNN lease
- Well established and operating restaurant tenant
- Ability to change use/tenant in future
Executive Summary
Established restaurant building for sale with long-standing and successful O'Charleys tenant under lease. Buy this property and collect the rental income from the operating restaurant tenant. True NNN lease, listing price reflects a 6% CAP. Property includes a 6,128 sqft building with 126 parking spaces on 2.353 acres. Property can be purchased in a package with 5095 & 5101 Crookshank Rd or separately.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
6,128 SF
Building Class
C
Year Built
1996
Price
$2,256,729 CAD
Price Per SF
$368 CAD
Cap Rate
6%
NOI
$135,404 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
2.38 AC
Zoning
CC-A - Auditor Land Use
430 - RESTAURANT, CAFET AND/OR
Parking
60 Spaces (9.79 Spaces per 1,000 SF Leased)
Frontage
300 ft on Crookshank
Amenities
- Dedicated Turn Lane
- Pylon Sign
Walk Score ®
Very Walkable (75)
Nearby Major Retailers
PROPERTY TAXES
Parcel Number | 248-0003-0192 | Improvements Assessment | $302,098 CAD |
Land Assessment | $259,516 CAD | Total Assessment | $561,614 CAD |
PROPERTY TAXES
Parcel Number
248-0003-0192
Land Assessment
$259,516 CAD
Improvements Assessment
$302,098 CAD
Total Assessment
$561,614 CAD
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O'Charley's on Crookshank | 5075 Crookshank Rd
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