For Sale
$900,000

130 Broad StFairborn, OH 45324

Profitable Restaurant, Prime Location

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional investment opportunity presents a thriving Honey Toast Breakfast and Brunch restaurant for sale in Fairborn, Ohio. Located at 130 N Broad St, this freestanding, 2,826 square foot establishment boasts a convenient drive-thru and sits on a 0.385-acre lot (APN: A02000100020001700). Built in 2019, the property benefits from a new five-year lease expiring January 31, 2029, with two tenant renewal options including rent increases. The tenant, part of a five-restaurant franchise, enjoys a high-traffic location across from Wright-Patterson Air Force Base, benefiting from over 31,000 base employees and proximity to the 1A commissary gate. High daily traffic counts on I-675 (over 34,613 cars) and Broad Street (8,470 cars) further enhance the property's appeal. Offered at $900,000 with a 9% cap rate, this is a compelling investment prospect with strong potential for future returns. The property's prime location and established tenant make this a rare opportunity in the vibrant Fairborn market. This is a turnkey operation ready for a new owner to step in and continue the success.

Highlights

  • Investment opportunity: Restaurant for sale, $900,000 asking price, 9% cap rate.
  • Honey Toast Breakfast and Brunch franchise; owner operates five locations.
  • Five-year lease expiring 1/31/2029, with two tenant renewal options and rent increases.
  • 2,826 SF freestanding restaurant with drive-thru.
  • 2019 construction; 0.385-acre lot; Parcel # A02000100020001700.

Property Details for 130 Broad St

Property type
Retail properties, Restaurants
Square Feet
2,826 SF
Year Built
2019
Lot Size (sq. ft)
16,771 SF

Location Insight

City
Fairborn
County
Greene
State
Ohio
Latitude
39.824508
Longitude
-84.0271929
130 Broad St, Fairborn, Ohio

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130 Broad St
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