245 W Main St - Fast Food FOR SALE


Xenia, OH 45385
$427,000 USD
513-272-6800
245 W Main St, Xenia, OH for Sale
$427,000 USD
Fast Food - FOR SALE
1/2
null | 6.97% Cap Rate

245 W Main St
Xenia, OH 45385


HIGHLIGHTS

  • Annual NN Rent: $29,760
  • CAP: 7%
  • Rent Increase: 5/1/2027 to $31,032/year
  • Current lease through April 30, 2029
  • Below Market Rent of $9.75/SF
  • #4 of 154 Little Caesars in OH – Placer.ai

OVERVIEW

Step into a prime investment opportunity with this impeccably maintained 3,051 SF free-standing building, located at 245 W Main St, Xenia, OH. Built in 1960 and thoughtfully renovated in 2024, this property boasts a modern and versatile space ideal for retail ventures. Zoned B-3, it offers endless possibilities for a variety of retail uses. With a solid track record of 100% occupancy, this property presents a compelling choice for investors seeking a reliable income stream. Take advantage of the strong market demand in the Xenia area and secure a valuable asset with significant potential for growth and success.

FOR SALE DETAILS

PRICE

$427,000 USD

PRICE/SF

$140 USD /SF

CAP RATE

6.97%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1960

SPRINKLERS

-

PARKING SPACES

15

LAND DETAILS

CROSS STREETS

West St.

LAND ACRES

0.26 AC

LAND SF

11,385 SF

ZONING

-

APN/PARCEL ID

M40-0001-0009-0-0057-00

ASK ABOUT THIS PROPERTY

Christopher NachtrabLee & AssociatesMore Info
513-272-6800

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Christopher NachtrabLee & AssociatesMore Info
513-272-6800

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