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714 Lila Ave
Milford, OH 45150
By Golly’s Bar & Grill | Long-Term NNN Lease · Retail Property For Sale

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Investment Highlights

  • Long-Term NNN Lease With Zero Landlord Responsibilities
  • Prime Cincinnati MSA Infill Location
  • Established Regional Casual Dining Brand
  • Freestanding Full-Service Restaurant in a High-Traffic Corridor
  • Experienced Multi-Concept Operator

Executive Summary

Marcus & Millichap is pleased to present the opportunity to acquire a freestanding By Golly’s Bar & Grill located along Lila Avenue in Milford, Ohio, a well-established eastern suburb within the Cincinnati MSA. This full-service casual dining restaurant operates under a new long-term NNN lease backed by a high-net-worth personal guaranty, offering investors stable, passive income in a dense, high-income trade area.Strategically positioned along Lila Avenue—a primary commercial corridor with ±11,181 VPD—the property benefits from strong visibility, convenient ingress/egress, and proximity to U.S. Route 50 and I-275, providing seamless connectivity throughout the Cincinnati region. The surrounding trade area features established residential neighborhoods, local businesses, and major retail anchors including Kroger, Walmart, ALDI, Lowe’s, Dutch Bros, Panera, and multiple national QSR and service brands. This mix supports consistent lunch, dinner, bar, and weekend traffic.
By Golly’s is operated by Epic Eeats Restaurant Group, an experienced multi-concept operator with a proven track record across scalable, neighborhood-oriented dining brands. The concept itself has deep regional roots, known for its approachable American bar-and-grill menu, strong community engagement, and loyal customer base. The full-service format—with dine-in, bar, and takeout components—supports durable unit-level performance across economic cycles.
The 10-year NNN lease commenced in August 2024 and includes 2% annual rent increases and two five-year renewal options, providing built-in income growth and long-term occupancy potential. With zero landlord responsibilities and a high-net-worth personal guaranty, the asset offers predictable, low-management cash flow in a stable, infill Cincinnati submarket.
This By Golly’s represents an attractive opportunity to acquire a proven regional dining brand in a high-demand suburban corridor with strong demographics and long-term economic stability.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
5,592 SF
Building Class
C
Year Built
2009
Price
$2,077,161 CAD
Price Per SF
$371.45 CAD
Cap Rate
7.25%
NOI
$150,594 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.43
Lot Size
0.30 AC
Zoning
B-3 - General Business
Parking
42 Spaces (7.51 Spaces per 1,000 SF Leased)

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 21-07-30B-015P
  • 21-07-30B-002P
Land Assessment
$28,175 CAD
Improvements Assessment
$132,375 CAD
Total Assessment
$160,550 CAD
  • Listing ID: 39578275

  • Date on Market: 2026-02-25

  • Last Updated:

  • Address: 714 Lila Ave, Milford, OH 45150

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