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    11820 Lebanon Rd Cincinnati, OH 45241

    For Sale
    $2,435,000

    NNN Popeyes restaurant for sale in Cincinnati, OH.

    Property size:
    3,300 SF
    Lot size:
    0.86 Acres

    Property Features for 11820 Lebanon Rd

    General Information

    Size
    3,300 SF
    Lot size
    0.86 Acres

    Source: SRS Industrial - Newport Beach Agent Matthew Mousavi

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

    Overview

    Popeyes NNN Investment Opportunity

    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.
    Insight Report Location Intelligence

    Current Use by Public Records

    Popeyes Louisiana Kitchen Restaurant

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Cincinnati
    County
    Clermont
    State
    Ohio
    Longitude
    -84.3957018
    Latitude
    39.2877896

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    FAQs

    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.
    (949) 698-1116
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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
    11820 Lebanon Rd Cincinnati, OH 45241
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