Freestanding Restaurant with Double Net
2453 Esquire Dr Beavercreek, OH 45431
2453 Esquire Dr, Beavercreek, OH, 45431
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For Sale
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Freestanding 5,838 SF restaurant on a 1.51-acre parcel, built in 2003 and renovated in 2018, leased to a national breakfast brand.
Property Size5,838 SF
Lot Size1.51 Acres
Price / SF$337.44
Days on Market119
Property Features for 2453 Esquire Dr
General Information
- Standard status
- Active
- Size
- 5,838 SF
- Lot size
- 1.51 Acres
- Property subtype
- Retail
Building Details
- Year Built
- 2003
Listing agency
Encore Real Estate Investment Services
Listed by
Deno Bistolarides · License #6502378067
Source
Crexi
Added: Mar 26 Updated: Jul 21 at 8:21PM Checked: Jul 21 at 8:21PM
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.
Freestanding restaurant asset built in 2003 and renovated in 2018. The property totals 5,838 SF and is situated on a 1.51-acre parcel. It is currently leased to a national breakfast and brunch operator under a corporate-backed double net lease, with minimal landlord responsibilities.
Located in Beavercreek, the site is positioned within a high-activity retail trade area and is surrounded by major national retailers and restaurants, including The Mall at Fairfield Commons, Target, Walmart, Sam’s Club, Lowe’s, and Chick-fil-A. Additional nearby demand drivers include Wright State University, approximately 2 miles away, and Wright-Patterson Air Force Base, approximately 3 miles away.
For investors seeking a single-tenant, freestanding restaurant property supported by a recognized national operator and situated near significant consumer traffic generators, this asset offers a clearly defined, professionally managed lease structure.
Located in Beavercreek, the site is positioned within a high-activity retail trade area and is surrounded by major national retailers and restaurants, including The Mall at Fairfield Commons, Target, Walmart, Sam’s Club, Lowe’s, and Chick-fil-A. Additional nearby demand drivers include Wright State University, approximately 2 miles away, and Wright-Patterson Air Force Base, approximately 3 miles away.
For investors seeking a single-tenant, freestanding restaurant property supported by a recognized national operator and situated near significant consumer traffic generators, this asset offers a clearly defined, professionally managed lease structure.
Key Highlights
- Freestanding 5,838 SF restaurant on a 1.51‑acre parcel
- Built in 2003 and renovated in 2018
- Leased to a national breakfast and brunch brand under a corporate‑backed double net lease
Local Financial Insights For Specialty Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $91.1k | $15.60 |
| − Vacancy | −$3.9k | −$0.67 |
| EGI | $87.2k | $14.93 |
| − OpEx | −$21.8k | −$3.73 |
| NOI | $65.4k | $11.20 |
5,838 SF · lease $15.60/SF/yr · vacancy 4.30% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$933.8K
$817.1K – $1.09M
NOI $65,368 @ 7.0% cap · market cap 3.32%
Second Best
—
—
no second resolved use
Theoretical Best
Office B
$1.10M
$960.5K – $1.28M
NOI $76,839 @ 7.0% cap · market cap 3.90%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Breakfast & diners
Similar For Sale Nearby
FAQs
What type of property is this?
Breakfast & diner - Freestanding 5,838 SF restaurant on a 1.51-acre parcel, built in 2003 and renovated in 2018, leased to a national breakfast brand.
Where is this breakfast & diner located?
The property is located at 2453 Esquire Dr Beavercreek, OH.
What is the asking price?
The asking price for this property is $1,970,000.
What are key features of this property?
This property features: Freestanding 5,838 SF restaurant on a 1.51‑acre parcel; Built in 2003 and renovated in 2018; Leased to a national breakfast and brunch brand under a corporate‑backed double net lease
