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245 W Main St Xenia, OH 45385

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For Sale
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NNN leased Little Caesars with below market rent.

Type:RETAIL
Property size:
3,051 SF
Added:
Jan 30, 2026
Days on Market:
78
Last Refresh:
Mar 3 at 1:32 pm

Property Features for 245 W Main St

General Information

Standard status
Active
Size
3,051 SF
Property subtype
RETAIL

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Listing Contact
Christopher B. Nachtrab

Listing agent Christopher B. Nachtrab

Listing office Lee & Associates | Cincinnati

Listing date Jan 30, 2026

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 Lee & Associates | Cincinnati


Overview

Xenia Little Caesars For Sale

This commercial property, currently leased to Little Caesars, is available for sale. The building was remodeled in 2024 and occupies a corner lot. The annual net rent is $29,760, reflecting a 7% capitalization rate. The current lease extends through April 30, 2029, with a rent increase scheduled for May 1, 2027, to $31,032 per year. The current rent is below market at $9.75 per square foot. According to Placer.ai, this Little Caesars location is ranked #4 out of 154 in Ohio. The property is situated directly across from a $140 million mixed-use redevelopment.
Location Intelligence

Current Use by Public Records

Little Caesars Pizza Restaurant

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Xenia
County
Greene
State
Ohio
Longitude
-83.9337954
Latitude
39.6844071

FAQs

What type of property is this?
Conventional restaurant - NNN leased Little Caesars with below market rent.
Where is this conventional restaurant located?
The property is located at 245 W Main St Xenia, OH.
What is the asking price?
The asking price for this property is $427,000.
What are key features of this property?
This property features: Annual Net Operating Income (NOI) of $29,760 with a 7% CAP rate.; Below market rent of $9.75/SF presents future upside potential.; Lease in place through April 30, 2029, providing stable income.
(513) 272-6800 Call to check price and availability
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