This feature is unavailable at the moment.

We apologize, but the feature you are trying to access is currently unavailable. We are aware of this issue and our team is working hard to resolve the matter.

Please check back in a few minutes. We apologize for the inconvenience.

- LoopNet Team

You must register your contact information to view secure information on this listing.
You must register your contact information to view secure information on this listing.

Share This Listing

Please enter a valid email address.

Note: To send this property to multiple individuals, insert a semi-colon between each recipient's email address.

LoopNet has taken a strong stance against the practice of sending unsolicited commercial emails, also known as "spam." Please send these emails only to people you know who would be interested in this property. If someone asks you not to send these emails to them, please comply.

thank you

Your email has been sent!

FREDDY'S - AMELIA, OH 3792 Waterford Pky

3,644 SF 100% Leased Retail Building Amelia, OH 45102 £2,284,886 (£627/SF) 6% Net Initial Yield

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 owns & operates 69 locations, which include 34 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

(Building & Land) Fee Simple

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Fast Food
Building Size
3,644 SF
Year Built
2015
Price
£2,284,886
Price Per SF
£627
Net Initial Yield
6%
NOI
£137,077
Percent Leased
100%
Number of Floors
1
Building FAR
0.08
Lot Size
1.00 AC

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Nearby Major Retailers

Freddy's Frozen Custard & Steakburgers
Angilo's Pizza
Skyline Chili
U.S. Bank
Park National Bank
Fifth Third Bank
La Rosa's Pizzeria
  • Listing ID: 34195825

  • Date on Market: 13/12/2024

  • Last Updated:

  • Address: 3792 Waterford Pky, Amelia, OH 45102

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, 'rating') }}
255 character limit ({{ remainingChars() }} characters remainingover)
{{ getErrorText(feedbackForm.msg, 'rating') }}
{{ getErrorText(feedbackForm.fname, 'first name') }}
{{ getErrorText(feedbackForm.lname, 'last name') }}
{{ getErrorText(feedbackForm.phone, 'phone number') }}
{{ getErrorText(feedbackForm.phonex, 'phone extension') }}
{{ getErrorText(feedbackForm.email, 'email address') }}