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    3939 Red Bank Rd Cincinnati, OH 45227

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    For Sale
    $2,800,000

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

    Property size:
    3,607 SF
    Lot size:
    0.79 Acres

    Property Features for 3939 Red Bank Rd

    General Information

    Size
    3,607 SF
    Lot size
    0.79 Acres

    Source: Commercial Investment Advisors (CIA) - Corporate Agent Justin Zahn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    NNN Leased Restaurant Investment

    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.
    Insight Report Location Intelligence

    Current Use by Public Records

    Freddy's Frozen Custard ... Fast Food Restaurant

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.4051933
    Latitude
    39.1462969

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    FAQs

    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
    Request Owner's contact information
    3939 Red Bank Rd Cincinnati, OH 45227
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    Cincinnati, OH 45227
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    3939 Red Bank Rd Cincinnati, OH 45227
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