Investment Sale | 130 N Broad St
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Investment Sale 130 N Broad St
2,826 SF Retail Building Fairborn, OH 45324 £710,100 (£251/SF) 9% Net Initial Yield
Executive Summary
Investment Property (restaurant) for sale
Honey Toast Breakfast and Brunch – owner has 5 restaurants
New 5 year lease expires 1/31/2029
Tenant has two options to renew with rental increases
2,826 SF Freestanding Restaurant with drive-thru
Built-in 2019; Approximately 0.385 acres; Parcel # A02000100020001700
Located across from Wright Patterson Air Force Base with over 31,000 employees and the 1A commissary gate
Over 34,613 cars per day on I-675 and 8,470 cars per day on Broad St.
For Sale - $900,000 – 9% cap rate
Honey Toast Breakfast and Brunch – owner has 5 restaurants
New 5 year lease expires 1/31/2029
Tenant has two options to renew with rental increases
2,826 SF Freestanding Restaurant with drive-thru
Built-in 2019; Approximately 0.385 acres; Parcel # A02000100020001700
Located across from Wright Patterson Air Force Base with over 31,000 employees and the 1A commissary gate
Over 34,613 cars per day on I-675 and 8,470 cars per day on Broad St.
For Sale - $900,000 – 9% cap rate
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,826 SF
Building Class
B
Year Built
2019
Price
£710,100
Price Per SF
£251
Net Initial Yield
9%
NOI
£63,909
Tenancy
Single
Number of Floors
1
Building FAR
0.17
Land Acres
0.38 AC
Walk Score ®
Very Walkable (70)
PROPERTY TAXES
Parcel Number | A02-0001-0002-0-0017-00 | Improvements Assessment | £165,043 |
Land Assessment | £23,157 | Total Assessment | £188,200 |
PROPERTY TAXES
Parcel Number
A02-0001-0002-0-0017-00
Land Assessment
£23,157
Improvements Assessment
£165,043
Total Assessment
£188,200
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Investment Sale | 130 N Broad St
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