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3792 Waterford Pky
Amelia, OH 45102
FREDDY'S (74 UNIT GUARANTY)- AMELIA, 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
- 6th largest Freddy’s franchisee in the U.S
- Traffic counts of 29,573 CPD!
- OPERATOR | TENANT - Ram-Z Custard, LLC is an experienced multi-concept owner/ operator with 42 Freddy’s restaurants
- HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.0-acre lot with great access/visibility on Ohio Pike
- 2024 VERY AFFLUENT DEMOGRAPHICS: Population: 92,790 & Average Household Income: $104,112
Executive Summary
Brand new 20-year absolute NNN lease with attractive 7.5% rental escalations every 5 years with four 5-year options to renew.
In Association with Designated Broker:
Brian Brockman – Broker
License #: BRK.2009000214
Bang Realty, Inc
bor@bangrealty.com
513-898-1551
In Association with Designated Broker:
Brian Brockman – Broker
License #: BRK.2009000214
Bang Realty, Inc
bor@bangrealty.com
513-898-1551
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
3,644 SF
Building Class
C
Year Built
2015
Price
$3,338,896 CAD
Price Per SF
$916.27 CAD
Cap Rate
6.25%
NOI
$208,681 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.00 AC
Zoning
C - Commercial
Parking
56 Spaces (10 Spaces per 1,000 SF Leased)
Frontage
205’ on Waterford Parkway
Amenities
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 41-31-12B-287 | Improvements Assessment | $0 CAD |
| Land Assessment | $21,073 CAD | Total Assessment | $21,073 CAD |
Property Taxes
Parcel Number
41-31-12B-287
Land Assessment
$21,073 CAD
Improvements Assessment
$0 CAD
Total Assessment
$21,073 CAD
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