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NNN Leased Restaurant Investment
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Pending

3939 Red Bank Rd, Cincinnati, OH

Long-term NNN lease with attractive escalations in affluent area.

Property Size3,607 SF
Lot Size0.79 Acres
Days on Market557

Property Features for 3939 Red Bank Rd

General Information

Standard status Pending
Size 3,607 SF
Lot size 0.79 Acres
Property subtype RETAIL
Listing Agency: Commercial Investment Advisors (CIA) - Corporate
Listed By: Justin Zahn
Source: Moodyscre
Added: Mar 4, 2025 Changed: Sep 10 Last Checked: Sep 12 at 7:13AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Commercial Investment Advisors (CIA) - Corporate

Investment Insights

Based on property information with market context.

This property features a brand new 20-year absolute NNN lease with 7.50% rental escalations every 5 years and four 5-year options to renew. The property is positioned on a large ±1.13-acre lot with access and visibility on US-58/ Pearl Rd, a main north/south thoroughfare, with traffic counts of 25,348 CPD. The operator, RAM-Z Custard, LLC, owns and operates 69 locations, including 34 Freddy’s restaurants (the 6th largest Freddy’s franchisee in the U.S.) and 35 Schlotzsky’s locations (the largest Schlotzsky’s franchisee in the country, including those under construction). The property is located in an area with affluent demographics, including a population of 136,009 and an average household income of $128,245.

Key Highlights

  • Brand new 20‑year absolute NNN lease with 7.50% rental escalations every 5 years and four 5‑year options to renew.
  • Tenant is a large and successful franchisee: RAM‑Z Custard, LLC, operator of 69 locations including Freddy's and Schlotzsky's.
  • High traffic location: Situated on a ±1.13‑acre lot on US‑58/Pearl Rd with 25,348 CPD.

Property Analytics

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Current Use

Freddy's Frozen Custard ... Restaurant

Suggested Use

Top Pick Law Firm Real Estate Agency Dental Office Parking Lot & Garage Pharmacy Grocery & Convenience Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

486
Businesses Nearby
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Retail in Cincinnati, OH

7.1% 2019
6.8% 2020
6.1% 2021
6% 2022
5.3% 2023
5.3% 2024
5.9% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Long-term NNN lease with attractive escalations in affluent area.
Where is this nnn property located?
The property is located at 3939 Red Bank Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Brand new 20‑year absolute NNN lease with 7.50% rental escalations every 5 years and four 5‑year options to renew.; Tenant is a large and successful franchisee: RAM‑Z Custard, LLC, operator of 69 locations including Freddy's and Schlotzsky's.; High traffic location: Situated on a ±1.13‑acre lot on US‑58/Pearl Rd with 25,348 CPD.
(480) 718-5555 Call to check price and availability
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