105 N Springboro Pike - Restaurant FOR SALE


Dayton, OH 45449
$1,780,000 USD
213-760-4007
105 N Springboro Pike, Dayton, OH for Sale
$1,780,000 USD
Restaurant - FOR SALE
1/3
null | 6.47% Cap Rate

105 N Springboro Pike
Dayton, OH 45449


HIGHLIGHTS

  • Absolute NNN Lease with 6.47% CAP
  • Positioned in the Dayton Mall trade area, surrounded by national retailers, restaurants, and daily-needs shopping. Supporting consistent consumer draw
  • Lease guaranteed by RMH Franchise Holdings, Inc. with 131 locations across 14 states
  • Dense 3-Mile Demographics: Population: 66,545 Households: 30,544 Avg HH Income: $100,631
  • Strong Traffic & Visibility: Located on N. Springboro Pike with approximately 31,049 vehicles per day

OVERVIEW

Offered at $1,780,000, the subject Applebee’s property is an absolute NNN retail investment with an attractive 6.47% cap rate. The lease is guaranteed by RMH Franchise Holdings, Inc., a major Applebee’s franchise operator with 131 locations across 14 states, providing scale and operating strength behind the tenancy. The property benefits from strong visibility and accessibility along N. Springboro Pike, a heavily traveled retail artery with approximately 31,049 vehicles per day, serving the Dayton Mall trade area and surrounding national retail/restaurant concentration. The immediate consumer base is deep and established, with approximately 66,545 residents within a 3-mile radius, 30,544 households, and estimated 2024 average household income of $100,631, supporting consistent traffic and long-term demand for casual dining in this corridor. The asset offers investors a combination of strong going-in yield, brand recognition, guarantor support, and passive absolute-net lease terms, well-suited for buyers seeking dependable income with minimal landlord responsibilities.

FOR SALE DETAILS

PRICE

$1,780,000 USD

PRICE/SF

$458 USD /SF

CAP RATE

6.47%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Applebee's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1989

SPRINKLERS

-

PARKING SPACES

60

LAND DETAILS

LAND ACRES

1.04 AC

LAND SF

45,302 SF

ZONING

C2

APN/PARCEL ID

K46-01405-0003

ASK ABOUT THIS PROPERTY

Calvin LeeThree J InvestmentsMore Info
213-760-4007

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Calvin LeeThree J InvestmentsMore Info
213-760-4007

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.