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1244 E Central Ave
Miamisburg, OH 45342
Burger King · Retail Property For Sale


Investment Highlights
- STRONG PERFORMANCE MARKERS
- STRONG LOCAL & REGIONAL TRAFFIC DRIVERS
- 26+ YEAR OPERATING HISTORY & SUCCESSFUL OPERATOR
- DAYTON-CINCINNATI MARKET RENTS
- HIGH DEVELOPMENT ACTIVITY
- DUAL MSA GROWTH
Executive Summary
The Northmarq National Restaurant Group is pleased to present this exclusive single-tenant Burger King in the Dayton, OH MSA. Structured as an Absolute NNN lease with 10+ years remaining and 4 x 5-year renewal options, the fee simple investment offers a long-duration income stream backed by an experienced 30+ unit operator and supported by strong performance markers and market fundamentals.
The property is located at 1244 E Central Ave in Miamisburg, OH, along an established retail and traffic corridor. The immediate area is anchored by a high-performing Kroger (77th percentile nationwide) and Miamisburg Plaza, and further supported by the nearby 1.4M SF super-regional Dayton Mall and Miami Crossing District. This retail strength is complemented by dense local and regional traffic generators including schools, hospitals, business parks, and recreation, all within two miles of the site. Investor sentiment in the area is underscored by continued commercial and residential investment throughout the immediate Miamisburg area, including the $20M redevelopment of Kroger Marketplace & Fuel Center, the recently completed Flying Ace Car Wash, the under-construction Chipotle, and various residential projects adding over 450 new housing units to Miamisburg.
Burger King has operated continuously at this location since 2000, and was acquired in 2023 by The Karali Group - previously the largest independent Burger King franchisee in the UK. Karali's track record of scaling large successful operations further strengthens the credit profile behind the lease. The asset's stability is further reinforced by consistent growth across both the Dayton and Cincinnati MSAs, with Miamisburg’s own population growing 3% since 2020.
The property is located at 1244 E Central Ave in Miamisburg, OH, along an established retail and traffic corridor. The immediate area is anchored by a high-performing Kroger (77th percentile nationwide) and Miamisburg Plaza, and further supported by the nearby 1.4M SF super-regional Dayton Mall and Miami Crossing District. This retail strength is complemented by dense local and regional traffic generators including schools, hospitals, business parks, and recreation, all within two miles of the site. Investor sentiment in the area is underscored by continued commercial and residential investment throughout the immediate Miamisburg area, including the $20M redevelopment of Kroger Marketplace & Fuel Center, the recently completed Flying Ace Car Wash, the under-construction Chipotle, and various residential projects adding over 450 new housing units to Miamisburg.
Burger King has operated continuously at this location since 2000, and was acquired in 2023 by The Karali Group - previously the largest independent Burger King franchisee in the UK. Karali's track record of scaling large successful operations further strengthens the credit profile behind the lease. The asset's stability is further reinforced by consistent growth across both the Dayton and Cincinnati MSAs, with Miamisburg’s own population growing 3% since 2020.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,265 SF
Building Class
C
Year Built
2000
Price
$1,995,000
Price Per SF
$611.03
Cap Rate
6%
NOI
$119,700
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
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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