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Burger King 1244 E Central Ave 3,265 SF Retail Building Miamisburg, OH 45342 $1,999,999 ($612.56/SF) 5.70% Cap Rate
INVESTMENT HIGHLIGHTS
- Triple Net Lease | Passive Investment Opportunity
- Traffic Counts Along E Central Ave Exceed 19,000 VPD+
- Dense Residential Infill Location | 5 Mile Population: 92,000+
- Tenant Remodeled The Entire Building in 2018 Demonstrating Strong Commitment To The Subject Property
- 5 Mile Household Income Exceeds $89,000
- Across The Street From Kroger's Brand-New 124,000/SF Relocation Store
EXECUTIVE SUMMARY
Triple Net Lease | Passive Investment Opportunity
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,265 SF
Building Class
C
Year Built
2000
Price
$1,999,999
Price Per SF
$612.56
Cap Rate
5.70%
NOI
$114,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Lot Size
0.69 AC
Zoning
GB-1 - General Business
Parking
35 Spaces (8.63 Spaces per 1,000 SF Leased)
Frontage
99’ on E Central Ave
AMENITIES
- Drive Thru
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | K46-00514-0049 | Improvements Assessment | $242,360 |
| Land Assessment | $72,150 | Total Assessment | $314,510 |
PROPERTY TAXES
Parcel Number
K46-00514-0049
Land Assessment
$72,150
Improvements Assessment
$242,360
Total Assessment
$314,510
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Burger King | 1244 E Central Ave
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