Burger King NNN Investment
For Sale
Contact for pricing
1244 E Central Ave, Miamisburg, OH 45342
NNN Burger King with 11 years remaining on lease.
Property Size3,265 SF
Price / SF$597.24
Days on Market168
Property Features for 1244 E Central Ave
General Information
Standard status
Active
Size
3,265 SF
Property subtype
Retail
Occupancy
100%
Lease Type
NNN
Investment Type
Net Lease
Net Operating Income
$119,700
Building Details
Year Built
2000
Year Renovated
2018
Buildings
1
Stories
1
Tenancy
Single
Listing Agency:
Encore Real Estate Investment Services
(248) 702-0288
Listed By:
Deno Bistolarides · License #6502378067
Source:
Crexi
Added: Mar 5
Changed: Aug 8
Last Checked: Jul 19 at 9:10AM
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 Encore Real Estate Investment Services
Investment Insights
Based on property information with market context.
This property is a Burger King located at 1244 E Central Ave, Miamisburg, OH 45342. It is an NNN investment opportunity with an attractive CAP rate of 6.13%. The property benefits from a strong tenant commitment, evidenced by a complete building remodel in 2018. The absolute net lease ensures a passive investment, with the tenant responsible for taxes, CAM, and insurance. The property is situated in a prime location with traffic counts of over 19,000 vehicles per day. There are 11 years remaining on the lease term with a well-established operator, The Karali Group. The property is located in a densely populated area with a 5-mile population of over 92,000. It is surrounded by major retailers like Kroger, Walgreens, and Target. The property size is 3265 square feet.
Key Highlights
- Attractive 6.13% CAP rate.
- Absolute net lease (NNN) providing passive income with tenant responsible for taxes, CAM, and insurance.
- 11 years remaining on the lease term.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
242
Businesses Nearby
Explore this area
Business Placement
Demographics for 45342, OH
37,508
Population
15,818
Households
2.4
Avg Household Size
39
Median Age
33%
College-Educated
94%
High-School Grad
34.3 sq mi
ZIP Area
1,094
Density / Sq Mi
$83,936
Median Household Income
$48,533
Median Earnings
$1,247
Median Rent
$206,800
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - NNN Burger King with 11 years remaining on lease.
Where is this nnn property located?
The property is located at 1244 E Central Ave Miamisburg, OH.
What is the asking price?
The asking price for this property is $1,950,000.
What are key features of this property?
This property features: Attractive 6.13% CAP rate.; Absolute net lease (NNN) providing passive income with tenant responsible for taxes, CAM, and insurance.; 11 years remaining on the lease term.
