FREDDY'S - AMELIA, OH | 3792 Waterford Pky
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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
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
1 of 9
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FREDDY'S - AMELIA, OH | 3792 Waterford Pky
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