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8311 Old Troy Pike
Huber Heights, OH 45424
Steak N' Shake · Retail Property For Sale

Investment Highlights

  • Strong Performing Location – The rent-to-sales ratio is roughly 5.75%, and this location has performed well above the systemwide store sales average
  • Excellent Retail Synergy – The property is an outparcel to the NorthPark Center and directly across from North Heights Plaza.
  • Large Sized Parcel and Drive-Thru Equipped – The parcel is ±1.21 Acres, which is large in comparison to most QSR properties
  • Attractive Annual Rental Increases – The lease features 2.00% annual rent increases, which is excellent for a hedge against inflation

Property Facts

Property Type
Retail
Property Subtype
Fast Food
Building Size
3,690 SF
Building Class
C
Year Built
1997
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
PC - Allows for the coordinated development of commercial areas within a community.
Parking
58 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
88’ on Old Troy Pike

Amenities

  • Bus Line
  • Drive Thru

Property Taxes

Property Taxes

Parcel Number
P70-02022-0001
Land Assessment
$187,930
Improvements Assessment
$55,670
Total Assessment
$243,600
  • Listing ID: 24388751

  • Date on Market: 10/29/2021

  • Last Updated:

  • Address: 8311 Old Troy Pike, Huber Heights, OH 45424

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