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259 McMillan st
Cincinnati, OH 45219
Chick-fil-A Ground Lease · Retail Property For Sale
Investment Highlights
- 15-Yr Credit Tenant Ground Lease
- Zero Landlord Responsibilities
- Adjacent to University of Cincinnati 45,000+ Students
Executive Summary
Rare opportunity to acquire a brand-new Chick-fil-A ground lease in Cincinnati’s premier Uptown submarket, directly adjacent to the University of Cincinnati and one of the region’s most dominant healthcare corridors. The Property benefits from exceptional real estate fundamentals, including a dense, recession-resistant customer base driven by 45,000+ students and a concentration of nationally recognized medical institutions, delivering consistent traffic and long-term performance. Backed by one of the strongest brands in the QSR sector, this asset offers investors a secure, passive income stream in a high-barrier-to-entry urban location just minutes from Downtown Cincinnati.
Property Facts
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leasehold)
Property Type
Retail
Property Subtype
Building Size
1,200 SF
Building Class
B
LoopNet Rating
4 Star
Year Built
2026
Construction Status
Under Construction
Price
$4,167,600 CAD
Price Per SF
$3,473.00 CAD
Cap Rate
4%
NOI
$166,704 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.02
Lot Size
1.47 AC
Property Taxes
| Parcel Number | 092-0001-0165 | Improvements Assessment | $58,298 CAD |
| Land Assessment | $974,920 CAD | Total Assessment | $1,033,217 CAD |
Property Taxes
Parcel Number
092-0001-0165
Land Assessment
$974,920 CAD
Improvements Assessment
$58,298 CAD
Total Assessment
$1,033,217 CAD
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