3939 Red Bank Rd | Cincinnati, OH 45227
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3939 Red Bank Rd
Cincinnati, OH 45227
FREDDY'S - (RED BANK) - CINCINNATI, OH · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- LONG -TERM LEASE - Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
- Adjacent to Walmart Supercenter - positioned on a ±0.79-acre lot with great access/visibility on Red Bank Rd
- 2024 VERY AFFLUENT DEMOGRAPHICS: Population (5-mi): 216,886 & Average Household Income (3-mi): $138,056
- OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 74 locations, which include 39 Freddy’s restaurants
- Traffic counts of 28,182 CPD!
- 6th largest Freddy’s franchisee in the U.S., and 39 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
3,607 SF
Building Class
B
Year Built
2016
Tenancy
Single
Building Height
1 Story
Building FAR
0.10
Lot Size
0.79 AC
Zoning
C
Frontage
50’ on Red Bank Road
AMENITIES
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 038-0002-0428 | Improvements Assessment | $235,900 |
| Land Assessment | $201,600 | Total Assessment | $437,500 |
PROPERTY TAXES
Parcel Number
038-0002-0428
Land Assessment
$201,600
Improvements Assessment
$235,900
Total Assessment
$437,500
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