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3564 Springdale Rd
Cincinnati, OH 45251
Red Lobster · Retail Property For Sale
PROPERTY FACTS
AMENITIES
- Corner Lot
- Freeway Visibility
- Restaurant
- Signage
- Signalized Intersection
- Monument Signage
ABOUT 3564 SPRINGDALE RD , CINCINNATI, OH 45251
Marcus & Millichap is pleased to present the exclusive listing for Red Lobster located at 3564 Springdale Road in Cincinnati, Ohio. The property is 7,655 square feet and is situated on approximately 2.03 acres of land.This Red Lobster is subject to a 25-year triple-net (NNN) lease, with roughly 23 years remaining on the lease. Current annual rent is$260,321. The rent is scheduled to increase by two percent annually, including through the four, five year tenant renewal options. This Red Lobster property is located at 3564 Springdale Road in Cincinnati, Ohio. Cincinnati is the third-largest city in Ohio and is situated on the northern bank of the Ohio River in Hamilton County.There are approximately 61,760 people within a three-mile radius of this property and 154,052 within a five-mile radius. This Red Lobster is located close to Colerain Avenue, with average daily traffic counts of 32,529 vehicles. Nearby, Colerain Avenue intersects with U.S. Interstate 275, which brings in an additional 93,825 vehicles to the immediate area.
PROPERTY TAXES
| Parcel Number | 510-0103-0179 | Improvements Assessment | $334,520 |
| Land Assessment | $152,754 | Total Assessment | $487,274 |
PROPERTY TAXES
