Popeyes NNN Investment Opportunity

11820 Lebanon Rd, Cincinnati, OH

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For Sale

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NNN Popeyes restaurant for sale in Cincinnati, OH.

Type:RETAIL

Property size:

3,300 SF

Lot size:

0.86 Acres

Price / SF:

$737/SF

HighLights

Absolute NNN Lease: Enjoy a truly passive income stream with zero landlord responsibilities.
Strong Tenant: Secured by Popeyes, a franchisee operating over 100 units, offering stability.
New Construction: Built in 2022, minimizing maintenance costs.
Attractive Cap Rate: 5.75% cap rate on a $2,435,000 investment, generating a $140,000 NOI.
Fee Simple Ownership: Includes both land and building.
Sales Reporting: Provides transparency for accurate tracking.

We can help!

Listing Contact

Matthew Mousavi

For Sale

Contact for pricing

NNN Popeyes restaurant for sale in Cincinnati, OH.

Type:RETAIL

Property size:

3,300 SF

Lot size:

0.86 Acres

Price / SF:

$737/SF

Added:: Sep 1, 2023
Days on Market:: 1012
Last Refresh:: May 19 at 9:53 pm

Property Features for 11820 Lebanon Rd

General Information

Standard status: Active
Size: 3,300 SF
Lot size: 0.86 Acres
Property subtype: RETAIL

We can help!

Listing Contact

Matthew Mousavi

Listing agent Matthew Mousavi License #CA 01732226

Listing office SRS Industrial - Newport Beach

Listing date Sep 1, 2023

Source Moodyscre

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 SRS Industrial - Newport Beach

HighLights

Absolute NNN Lease: Enjoy a truly passive income stream with zero landlord responsibilities.
Strong Tenant: Secured by Popeyes, a franchisee operating over 100 units, offering stability.
New Construction: Built in 2022, minimizing maintenance costs.
Attractive Cap Rate: 5.75% cap rate on a $2,435,000 investment, generating a $140,000 NOI.
Fee Simple Ownership: Includes both land and building.
Sales Reporting: Provides transparency for accurate tracking.

Overview

This Popeyes restaurant, constructed in 2022, is available for purchase. The property is situated on 0.86 acres of land and features a rentable area of approximately 3,300 square feet. The lease type is absolute NNN, with no landlord responsibilities. Sales reporting is required. The property is a fee simple ownership, including both land and building. The parcel numbers are 608-0028-0138-00 & 608-0028-0160-00. The tenant is Popeyes, guaranteed by a franchisee operating over 100 units.

Property Profile Location Intelligence

Current Use by Public Records

Popeyes Louisiana Kitchen Restaurant

Suggested Use

Location Insight

Map
Local Demand

City: Cincinnati
County: Clermont
State: Ohio
Longitude: -84.3957
Latitude: 39.2878

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What type of property is this?

Drive through restaurant - NNN Popeyes restaurant for sale in Cincinnati, OH.

Where is this drive through restaurant located?

The property is located at 11820 Lebanon Rd Cincinnati, OH.

What is the asking price?

The asking price for this property is $2,435,000.

What are key features of this property?

This property features: Absolute NNN Lease: Enjoy a truly passive income stream with zero landlord responsibilities.; Strong Tenant: Secured by Popeyes, a franchisee operating over 100 units, offering stability.; New Construction: Built in 2022, minimizing maintenance costs.

11820 Lebanon Rd, Cincinnati, OH

NNN Popeyes restaurant for sale in Cincinnati, OH.

Property Features for 11820 Lebanon Rd

General Information

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Spacious Office Building with Parking

Office Complex with Triple-Net Tenants

Office/Warehouse Building

Well-Maintained Duplex Near Mt. Lookout

Furnished Creative Office Suite

Turnkey Boat & RV Storage

Retail Building in Price Hill

Oakley Triplex Investment Opportunity

Four-Unit Residential Income Building

Renovated Quadplex with Mix

Mixed-Use Investment in Walnut Hills

Historic Multi-Family in Cincinnati

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