Frisch’s Big Boy Sale Leaseback

2120 W. Michigan Street, Sidney, OH
Deal Type:
Sale Leaseback
Price:
$2,076,923
Cap Rate:
6.50%
Current Rent:
$135,000
Lease Type:
Triple Net
Lease Term:
15-20 years
Landlord Responsibilities:
None
Renewal Options:
Four, 5-Year
Building Sq. Ft.:
4,966 SF
Rent Increases:
2.00% Annual
Site Size:
.65 Acres
  • frisch's big boy stream capital partners
  • frisch's big boy stream capital partners
  • frisch's big boy stream capital partners

Investment Highlights

  • This location benefits from a busy drive-thru (~45% of total sales)
  • Tenant is a 75+ year-old, beloved regional family dining brand
  • Resilient brand with a loyal guest following that is deeply embedded in the local community
  • Robust unit-level economics including Rent-to-Sales and EBITDAR/Rent ratios
  • Well-located site in dense corridor with frontage and visibility along major roads with excellent traffic counts

Listing Agents

Adam English

Managing Director
256 694 9803
Adam@stream-cp.com

Jordan Shtulman

Managing Principal
847 226 4133
Jordan@stream-cp.com

In Association with Scott Reid & ParaSell, Inc. | P: 949.924.6578 |A Licensed Ohio Broker #REC.2020005946

Download Offering Memorandum

Please enter your first name, last name, email address and phone number in the text boxes. Please also indicate whether you are a Buyer or Broker. Once the form is submitted the offering memorandum will be emailed to you.

    Are you a buyer or broker?

    This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.







    X

    For access to more detailed due diligence (i.e. third party property reports, financial statements, etc.), please download and sign the Electronic NDA below (you can also download the NDA in Word if you need to make any edits). After the NDA is signed and submitted, you will then be emailed a password. You can enter the password into the text box to the left of the SUBMIT button. Then press the SUBMIT button and you will have access to the due diligence.

    Request Due Diligence Access

    Please fill out and submit the form below to request access to due diligence for this property. If you agree with the terms of the NDA, please check the "Approve NDA" box and submit. By submitting this form, you agree to the Terms and Conditions of the Confidentiality Agreement.

    If you would like to modify the NDA, please download the Word version, make your changes, and attach the revised version to the form or email it to Adam@stream-cp.com.

    Once we receive your NDA, we will contact you with login information.

    View/Download NDA in Word format

      If you have made changes to the Word version of the NDA, please attach it here

      This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.






      View All Listings