4873 Airway Rd - Fast Food FOR SALE


Dayton, OH 45431- Outer East Dayton
$1,708,958 USD
602-687-6766
4873 Airway Rd, Dayton, OH for Sale
$1,708,958 USD
Fast Food - FOR SALE
1/5
null | 6.75% Cap Rate

4873 Airway Rd
Dayton, OH 45431
Outer East Dayton


HIGHLIGHTS

  • Eight Years Remaining on Absolute Triple-Net (NNN) Lease
  • Multi-Unit Franchisee - Tenant Operates 65 Wendy’s Locations Throughout Texas and Ohio
  • 8 Percent Rental Increases Every Five Years with Multiple Renewal Options
  • Densely Populated Dayton Trade Area - Daytime Population Exceeds $235,000 within a Five-Mile Radius
  • High Traffic Location at the Corner of Airway Road and Woodman Drive - Accessible by Approximately 48,690 Cars per Day
  • Adjacent to the National Museum of the US Air Force, a Significant Source of Tourism, Attracting Approximately 1.3 Million Visitors Annually

OVERVIEW

The Wendy’s Company (NASDAQ: WEN) is the world’s third largest quick-service hamburger company. The Wendy’s system includes over 7,300 restaurants in the U.S. and 29 other countries and U.S. territories worldwide. Dayton is the sixth-largest city in the state of Ohio and the county seat of Montgomery County. It is home to over 137,600 people. The Dayton Metro is home to over 810,000 people with over 342,000 households. Composed of Greene, Montgomery, and Miami Counties, it is the fourth-largest metropolitan area in Ohio.

FOR SALE DETAILS

PRICE

$1,708,958 USD

PRICE/SF

$592 USD /SF

CAP RATE

6.75%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Wendy's

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Fast Food

ADD'L SUBTYPES

Freestanding, Restaurant, undefined

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1977

SPRINKLERS

-

PARKING SPACES

50

LAND DETAILS

LAND ACRES

0.9 AC

LAND SF

39,204 SF

ZONING

-

APN/PARCEL ID

I39-00124-0013

ASK ABOUT THIS PROPERTY

Mark RubleMarcus & MillichapMore Info
602-687-6766

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Mark RubleMarcus & MillichapMore Info
602-687-6766

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