For Sale
$2,306,232

121 Heincke RdMiamisburg, OH 45342

Ohio Retail Property: 20-Year Lease

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a 2,442 square foot Arby's restaurant in Miamisburg, Ohio, situated at 121 S Heincke Rd, 45342. The property boasts a strong 20-year absolute NNN lease with AES Restaurants of Ohio, LLC, a significant operator within the AES Restaurant Group, owning 29 of 187 units. This sale-leaseback transaction offers a 5.50% cap rate and a substantial $126,842 annual net operating income (NOI). The property benefits from a prime location, approximately 500 feet from a newly constructed Kroger Marketplace and Fuel Center (2023). The ease of management is ensured by the NNN lease structure, eliminating landlord responsibilities. Arby's, part of the Inspire Brands family (the second-largest restaurant company in the US), enjoys a strong national brand presence. The property's strategic location is further enhanced by its proximity to numerous other national retailers within a 0.5-mile radius, including Wendy's, McDonald's, Big Lots, Chase Bank, AutoZone, Walgreens, Ace Hardware, Family Dollar, Burger King, Taco Bell, and a USPS location. This is a turnkey investment with a long-term, secure lease and a proven track record of success. The asking price is $2,306,232. 100% occupancy ensures immediate cash flow.

Highlights

  • 20-year sale-leaseback; lease commences upon sale.
  • Strong tenant: AES Restaurants of Ohio, LLC, operating 29 of 187 units within the AES Restaurant Group.
  • Excellent location: ~500 feet from a new (2023) Kroger Marketplace and Fuel Center.
  • NNN lease: No landlord responsibilities.
  • Established national brand: Arby's, part of Inspire Brands (2nd largest restaurant company in the US).
  • Strong retail synergy: Numerous national retailers within 0.5 miles, including Wendy's, McDonald's, and more.

Property Details for 121 Heincke Rd

Property type
Retail properties
Square Feet
2,442 SF

Location Insight

City
Miamisburg
County
Montgomery
State
Ohio
Latitude
39.6387539934
Longitude
-84.264974207825
121 Heincke Rd, Miamisburg, Ohio

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121 Heincke Rd
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