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8209 Springboro Pike
Miamisburg, OH 45342

HARDEE'S · Retail Property For Sale

Retail Space Ohio Miamisburg 8209 Springboro Pike, Miamisburg, OH 45342

Investment Highlights

  • Absolute Triple Net Lease – Zero landlord responsibilities allowing an investor to enjoy a completely passive investment.
  • Brand New 20-Year Lease to Commence at Close of Escrow – The tenant will sign a 20-Year lease at close of Escrow
  • 7.5% rent increases every 5 years year, providing the necessary hedges against inflation over the base term of the lease and in options.
  • The tenant is responsible for all taxes, maintenance, insurance, and upkeep associated with the Property.
  • 20-Year Term – Demonstrating the tenant’s desire to commit to this location for the long term.
  • Midwest First Star Inc. – Provides a strong parent level guarantee for a prospective purchaser.

Executive Summary

Kyle Matthews
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
950 Main Ave.,
Suite 510, Cleveland, OH 44113

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,522 SF
Building Class
B
Year Built/Renovated
1987/2018
Price
$2,576,270 CAD
Price Per SF
$731 CAD
Cap Rate
6.15%
NOI
$158,441 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.18 AC
Zoning
C - Commercial
Parking
35 Spaces (9.94 Spaces per 1,000 SF Leased)
Frontage
107 ft on Springboro Pike

Amenities

  • Freeway Visibility
  • Signalized Intersection
  • Drive Thru

Links

PROPERTY TAXES

Parcel Number K45-25812-0002 Improvements Assessment $732 CAD
Land Assessment $355,777 CAD Total Assessment $356,509 CAD

PROPERTY TAXES

Parcel Number
K45-25812-0002
Land Assessment
$355,777 CAD
Improvements Assessment
$732 CAD
Total Assessment
$356,509 CAD
 

  • Listing ID: 31809616

  • Date on Market: 2024-05-15

  • Last Updated:

  • Address: 8209 Springboro Pike, Miamisburg, OH 45342

The Retail Property at 8209 Springboro Pike, Miamisburg, OH 45342 is currently available for sale. Contact Matthews Real Estate Investment Services for more information.

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