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8657 Winton Rd

2,104 SF Retail Building Cincinnati, OH 45231 $1,583,314 CAD ($753 CAD/SF) 6.75% Cap Rate

Investment Highlights

  • Arby's Corporate site - Restaurant Management Inc. 69+ sites in 7 states
  • 7.5% rent increases every five years
  • Nine (9) plus years remaining on primary lease term, plus three (3),five year options
  • Absolute triple net with zero landlord responsibilities
  • Newly constructed in 2013
  • Hard corner, signalized intersection, pole sign, drive-thru, near freeway exit

Executive Summary

Kidder Mathews is pleased to present for purchase, an Arby’s, corporate backed by Restaurant Management, Inc. (69 units), absolute triple net leased investment property located in Cincinnati, Ohio. Newly constructed in 2013 and operated by Restaurant Management, Inc. (RMI), one of Arby’s premier franchisees, this asset is poised for continued success for many years to come. RMI’s leadership team is extremely hands-on, experienced and focused on each store to operate strategically, efficiently, and effectively. RMI currently operates Arby’s sites in the following states: Ohio, Kentucky, Tennessee, Indiana, North Carolina, Alabama and Georgia. They are primarily concentrated in the Greater Cincinnati and Greater Chattanooga areas.

Data Room Click Here to Access

Property Facts

Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Fast Food
Building Size
2,104 SF
Building Class
C
Year Built
2013
Price
$1,583,314 CAD
Price Per SF
$753 CAD
Cap Rate
6.75%
NOI
$106,874 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.47 AC
Zoning
B-2
Parking
19 Spaces (9.03 Spaces per 1,000 SF Leased)

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signalized Intersection
  • Drive Thru

MAJOR TENANTS

  • Tenant
  • Industry
  • SF OCCUPIED
  • RENT/SF
  • Lease Type
  • Lease End
  • Accommodation and Food Services
  • 2,104 SF
  • -
  • Net
  • Sep 2033

L'objectif de la marque Arby est d'inspirer des sourires à travers des expériences délicieuses. Arby réalise son objectif en célébrant l'art de la viande avec une variété de protéines de haute qualité et des accompagnements innovants et faciles à endiguer, tels que des frites frites et des shakes au jamocha. Les services de restauration Fast Crafted d'Arby offrent un mélange unique de vitesse de service rapide combinée à la qualité et au soin fait pour vous d'un service rapide et décontracté. Arby Restaurant Group, Inc. est le franchiseur de la marque Arby et fait partie de la famille de restaurants Inspire Brands dont le siège social est situé à Atlanta, en Géorgie. Fondée en 1964, Arby est la deuxième plus grande marque de sandwichs au monde avec plus de 3 500 restaurants dans neuf pays.

Tenant Industry SF OCCUPIED RENT/SF Lease Type Lease End
Accommodation and Food Services 2,104 SF - Net Sep 2033

Nearby Major Retailers

Planet Fitness
PNC Bank
Jenny Craig
WesBanco
Bob Evans Restaurants
Buffalo Wings & Rings
Kroger
Starbucks
Bank of America
Fifth Third Bank

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
590-0223-0049
Land Assessment
$116,850 CAD
Improvements Assessment
$192,565 CAD
Total Assessment
$309,415 CAD
  • Listing ID: 32788837

  • Date on Market: 2024-08-13

  • Last Updated:

  • Address: 8657 Winton Rd, Cincinnati, OH 45231

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