Burger King

512 Ohio Pike, Cincinnati, OH
Deal Type:
Net Lease
Price:
$2,219,047
Cap Rate:
5.25%
Current Rent:
$116,500
Lease Type:
Triple Net
Lease Term:
20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-Year
Building Sq. Ft.:
3,184 SF
Rent Increases:
2.00% Annual
  • burger king stream capital partners
  • burger king stream capital partners
  • burger king stream capital partners
  • burger king stream capital partners

Investment Highlights

  • Brand New 20-Year Lease Extension: The lease calls for 2% annual rental escalations, providing a strong hedge against inflation.
  • Strong Guarantor: Secured by the largest Burger King franchisee in the U.S.
  • Primary US-125 & I-275 Intersection Location: The property has excellent visibility and multiple points of ingress/egress.
  • Demographics: Residential population growth of nearly 3% is projected over the next five years and average household incomes exceeding $110,000 within 5 miles.
  • Main Retail Corridor: Located among other national tenants including The Home Depot, Target, Harbor Freight Tools, Toyota, Lowe’s, Honda, Ford, and Olive Garden, among others.
  • High Traffic Location: Located off of I-275 Exit ramp 65 which accommodates 74,000+ VPD. The Property is also down the street from Cherry Grove Shopping Center and Anderson Towne Center.
  • Dense Population: More than 114,000 residents and 35,000 employees support the trade area within 5 miles.

Listing Agents

Adam English

Managing Director
256 694 9803
[email protected]

Jordan Shtulman

Managing Principal
847 226 4133
[email protected]

Broker of Record: Brian Brockman, Lic. #BRK.2009000214

Bang Realty, Inc | 513-898-1551 | [email protected]

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