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907 Highway 28
Milford, OH 45150

$2,917,000 USD

Fast Food For Sale  •  3,291 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,291 SF
  • Lot Size 1.11 AC
  • Year Built 2010
  • Cap Rate 6.00 %
  • Zoning C
0 Transit Score
52 Walk Score

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
OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants
6th largest Freddy’s franchisee in the U.S
HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.106-acre lot with great access/visibility on Business 58 with traffic counts of 16,305 CPD
2024 VERY AFFLUENT DEMOGRAPHICS: Population: 76,164 & Average Household Income: $146,310
Cap Rate: 6.00 %

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Cincinnati/Northern Kentucky International 47 min - 32.8 mi
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC