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512 Ohio Pike
Cincinnati, OH 45255
Burger King · Retail Property For Sale
Investment Highlights
- Brand New 20-Year Lease Extension: The lease calls for 2% annual rental escalations, providing a strong hedge against inflation.
- Primary US-125 & I-275 Intersection Location: The property has excellent visibility and multiple points of ingress/egress.
- Main Retail Corridor: Located among other national tenants including The Home Depot, Target, Harbor Freight Tools, Toyota, Lowe’s, Honda, among others
- Strong Guarantor: Secured by the largest Burger King franchisee in the U.S.
- Demographics: Residential population growth of nearly 3% is projected over the next five years and average household incomes exceeding $110,000.
- Dense Population: More than 114,000 residents and 35,000 employees support the trade area within 5 miles.
Property Facts
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,221 SF
Building Class
B
Year Built
2021
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.07 AC
Parking
27 Spaces (8.38 Spaces per 1,000 SF Leased)
Frontage
203’ on Ohio Pike
Amenities
- Signage
Property Taxes
| Parcel Number | 41-53-16A-003A | Improvements Assessment | $345,700 |
| Land Assessment | $72,590 | Total Assessment | $418,290 |
Property Taxes
Parcel Number
41-53-16A-003A
Land Assessment
$72,590
Improvements Assessment
$345,700
Total Assessment
$418,290
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