5075 Crookshank Rd - Restaurant FOR SALE


Cincinnati, OH 45238- Westwood
$1,610,500 USD
5075 Crookshank Rd, Cincinnati, OH for Sale
$1,610,500 USD
Restaurant - FOR SALE
1/19
null | 6% Cap Rate

5075 Crookshank Rd
Cincinnati, OH 45238
Westwood


HIGHLIGHTS

  • Long term tenant under lease
  • Well established and operating restaurant tenant
  • True NNN lease
  • Ability to change use/tenant in future

OVERVIEW

Now vacant restaurant building for sale previously occupied by a long-standing and successful O'Charleys tenant. Conveniently located just off the Glenway Ave retail corridor that sees traffic counts of over 22,000 cars daily. Traffic counts at the subject property curb exceed 8,000 cars daily. Nearby business include numerous quick service and dine-in restaurants, large national retailers, car dealerships and both Mercy & Tri-Health complexes. Buy this property for a near turn-key opportunity to operate your own restaurant, lease to another restaurant user or re-develop the building/site for an alternative use! Property includes a 6,128 sqft building with 126 parking spaces on 2.353 acres. Property can be purchased in a package with the flex building next door at 5095 Crookshank Rd. Previous rent collected was $8,052.50 monthly NNN.

FOR SALE DETAILS

PRICE

$1,610,500 USD

PRICE/SF

$263 USD /SF

CAP RATE

6%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

O'Charley's on Crookshank

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

ADD'L SUBTYPES

Freestanding

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1996

SPRINKLERS

-

PARKING SPACES

126

LAND DETAILS

LAND ACRES

2.38 AC

LAND SF

103,673 SF

ZONING

CC-A

APN/PARCEL ID

248-0003-0192

ASK ABOUT THIS PROPERTY

Andrew LohmillerLohmiller Real EstateMore Info

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