- For Sale $5,198,474
- Property Type Retail - Freestanding
- Property Size 7,103 SF
- Lot Size 1.37 Acre
- Property Tenancy Single Tenant
- Date Updated Apr 25, 2024
Want more info on this listing?
Reach out to the broker for more info on lease terms and amenities
Highlights
- 15+ Year Absolute NNN Lease – Stable Cash Flow Asset–Zero Landlord Responsibilities – Four (5-Year) Options To Renew
- Corporate Guaranty (Red Lobster Intermediate Holdings LLC - 640+ Units)
- 2% Annual Rent Increases Throughout the Initial Term and Option Periods, Providing a Strong Hedge Against Inflation
- High Volume Traffic Location & Visibility From Gilmore Ave With Over 33,266 VPD+
- Adjacent to On/Off Ramps to Interstate 275 - Visible to over 120,000 VPD+| Ideal Visibility and Easy Access from Major Interstate
- Thai Union Group (TUG) Has a Long, Successful Track Record and Significant Experience Servicing Consumers, Supermarkets, Restaurants, Hospitality, and Others
- Densely Populated, Infill Location with Excellent Demographics– Over 155,000 People in a 5-Mile Radius
- Average Household Income In 5 Miles Exceeds $81,000
- Food & Alcohol Spending Exceeded $487,696,208 In 2023 Within a 5-Mile Radius
- 1.3 Miles To Mercy Health Fairfield Hospital I 211 Bed Facility
- Located at The Entrance To The Former Cincinnati Mall, Which Has Plans For a $150MM Mixed-Use Redevelopment
- Dense Retail Corridor With Major National Brands: Meijer, Chick-Fil-A, Bob Evans, Dunkin', Chipotle Mexican Grill, McDonald's, Tire Discounters, The Home Depot, Kroger, Carmax, and Many More
False
Contacts
Nick Yaldo
Encore Real Estate Investment Services
(248) 970-2648
Location
Getting Around
-
Walk Score ®
Car-Dependent (44) -
Transit Score ®
Some Transit (31) -
Bike Score ®
Somewhat Bikeable (40)
- City Cincinnati, OH
- Neighborhood Forest Park
- Zip Code 45240
- Market Cincinnati
Points of Interest
-
Oscar Event Center
2.24 miles
-
Snake House
2.29 miles
-
BP
0.10 miles
-
Speedway
0.52 miles
-
UDF Fuel
0.68 miles
-
Shell
0.72 miles
-
Kroger Fuel
0.88 miles
-
Mobil
1.97 miles
-
Speedway
1.98 miles
-
Sunoco
2.01 miles
-
BP
2.04 miles
-
Speedway
2.09 miles
-
Forest Park Park & Ride
0.62 miles
-
Glensprings Drive Parking Lot
2.20 miles
-
City of Springdale Church Street Parking Lot
2.41 miles
-
Village Square
4.03 miles
-
Ohio National Guard Training and Community Center
4.53 miles
-
BMV Practice Lot
6.22 miles
-
Centennial Barn Parking Back
6.24 miles
-
Peace Center Parking
6.24 miles
-
Centennial Barn Parking Front
6.28 miles
-
Convent Parking
6.30 miles
-
Red Lobster
0.00 miles
-
Chipotle
0.03 miles
-
The Old Spaghetti Factory
0.06 miles
-
McDonald's
0.09 miles
-
Asian Buffet
0.11 miles
-
IHOP
0.13 miles
-
Burger King
0.15 miles
-
Steak 'n Shake
0.16 miles
-
Bob Evans
0.21 miles
-
Panera Bread
0.24 miles
-
Forest Fair Village
0.13 miles
-
Kohl's
0.21 miles
-
Meijer
0.28 miles
-
Walmart Supercenter
0.44 miles
-
Kroger
0.88 miles
-
Gordon Food Service
1.89 miles
-
Marsh
2.03 miles
-
Mi Terra
2.26 miles
-
Jungle Jim’s International Market
2.28 miles
-
Burlington
2.91 miles
Contact Listing Broker
Nick Yaldo
Encore Real Estate Investment Services
(248) 970-2648