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Faits saillants de l'investissement

  • Trophy location along the banks of the Ohio River with stunning views of Downtown Cincinnati
  • Exclusive right to at least 125 Spaces
  • Immediate Access to I-471

Résumé de l'annonce

Cushman & Wakefield is pleased to present the opportunity to purchase a leased fee interest in a premier waterfront property occupied by Chart House, a Landry’s, Inc. owned, fine-dining restaurant. Located on the banks of the Ohio River in Newport, Kentucky, with sweeping views of downtown Cincinnati, this trophy asset combines exceptional location with long-term stability from a nationally recognized brand. With twenty years of operating history at the location, Chart House recently renewed its lease for an additional ten years, underscoring their commitment to this irreplaceable site. The property offers investors a rare opportunity to acquire a secure income stream at a rent significantly below current market rates in an irreplaceable location.
ATTRACTIVE LEASE TERMS
• Recently renewed through April 2036
• Significantly below market rent at just $90,000/year
• “Hands-Off” lease with landlord responsibilities limited to structural components of the building
• Being on a ground lease allows for increased accelerated depreciation
PREMIER LOCATION
• Trophy location along the banks of the Ohio River with stunning views of Downtown Cincinnati, Mt. Adams and other Cincinnati landmarks
• Adjacent to Vue 180 Apartments, SouthShore Condominiums and Fairfield Inn hotel providing a built-in customer base
• Immediate Access to I-471 (104,074 VPD)
• Surrounded by destination attractions
- Downtown Cincinnati (23.6 MM Annual Visits)
- Newport on the Levee (2.8 MM Annual Visits)
- The Party Source (554 k Annual Visits)
- Hofbräuhaus (243 k Annual Visits)
- Megacorp Pavilion (98 k Annual Visits)
STRONG NATIONAL BRAND
• 22 Chart House locations Nationally
• Under the Landry’s, Inc. umbrella of companies, Landry’s owns and operates over 600 restaurants, hotels, casinos and other entertainment destinations globally.
• Over 46 years track record of success
OUTSTANDING DEMOGRAPHICS
• 3-Mile Radius
- Population: 151,857
- Average HH Income: $98,632
- 2025-2030 Proj. Population Growth: 5%

Faits sur la propriété

Type de vente
Investissement
Condition de vente
Emphytéote (Frais de cession-bail)
Type de propriété
Commerce de détail
Sous-type de propriété
Restaurant
Taille du bâtiment
10 513 pi²
Classe d’immeuble
C
Année de construction
1975
Prix
1 797 548 $ CAD
Prix par pi²
170,98 $ CAD
Taux de capitalisation
7%
Revenu net d’exploitation
125 898 $ CAD
Location
Unique
Hauteur du bâtiment
1 étage
Coefficient d’occupation des sols de l’immeuble
0,10
Taille du lot
2,48 AC
Stationnement
125 places (11,89 places par 1 000 pi² loué)
Façade
176’ sur Riverboat Row

Principaux locataires

  • Locataire
  • Secteur
  • pi² Occupé
  • Loyer/pi²
  • Fin du bail
  • Hébergement et services alimentaires
  • -
  • -
  • -

The Chart House concept was born on Independence Day in 1961, the brainchild of famed Hawaiian surfer Joey Cabell and U.S. Navy man Buzzy Bent. The first location was modest, with just a few tables in a converted diner. However, two principles present in 1961 remain staples of every Chart House location – great food and equally impressive views. Today, Chart House restaurants overlook the coasts of both the Atlantic and the Pacific, and other scenic locations in between. And while they stretch from sea to shining sea, every location remains committed and specialized to its local community. Whether you choose to dine at our location 750 feet above San Antonio in the Tower of the Americas, at their Cardiff by the Sea restaurant with the surf breaking right at your table or at their Weehawken location with breathtaking views of the Manhattan skyline, you can't go wrong with one of their signature fish specialties, slow-roasted prime rib and delicious salads.

Locataire Secteur pi² Occupé Loyer/pi² Fin du bail
Hébergement et services alimentaires - - -
Moyennement accessible à pied
70/100
Exceptionnellement adapté aux voitures
100/100
Transports en commun relativement accessibles
50/100
Plutôt accessible en vélo
50/100

Principaux détaillants à proximité

La Fitness
Starbucks
WesBanco
Fifth Third Bank
Frisch's Big Boy
Kroger
Truist
Five Guys
Skyline Chili
IHOP

Impôts fonciers

Impôts fonciers

Numéro de lot
999-99-35-291.00
Évaluation du terrain
0 $ CAD
Évaluation des bâtiments
3 393 746 $ CAD
Évaluation totale
3 393 746 $ CAD
  • ID d’inscription: 38789077

  • Date de mise sur le marché: 2025-12-16

  • Dernière mise à jour:

  • Adresse: 405 Riverboat Row, Newport, KY 41071

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