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907 Highway 28
Milford, OH 45150
FREDDY'S - MILFORD, 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
- 2024 VERY AFFLUENT DEMOGRAPHICS: Population: 76,164 & Average Household Income: $146,310
- OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 74 locations, which include 39 Freddy’s restaurants
- HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.106-acre lot with great access/visibility on Business 58 with traffic counts of 16,305 CPD
EXECUTIVE SUMMARY
(Building & Land) Fee Simple
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
3,291 SF
Building Class
C
Year Built
2010
Price
$3,346,924 CAD
Price Per SF
$1,016.99 CAD
Cap Rate
6.25%
NOI
$209,183 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
1.11 AC
Zoning
C - Commercial
Parking
30 Spaces (9.12 Spaces per 1,000 SF Leased)
Frontage
184’ on Ohio 28
AMENITIES
- Pylon Sign
- Restaurant
- Signage
- Drive Thru
PROPERTY TAXES
| Parcel Number | 18-25-16E-061 | Improvements Assessment | $327,078 CAD |
| Land Assessment | $151,093 CAD | Total Assessment | $478,170 CAD |
PROPERTY TAXES
Parcel Number
18-25-16E-061
Land Assessment
$151,093 CAD
Improvements Assessment
$327,078 CAD
Total Assessment
$478,170 CAD
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