Restaurant Property with
For Sale
Contact for pricing
3015 Dixie Hwy, Hamilton, OH
Freestanding restaurant with drive-thru, walk-ins, and pylon sign.
Property Size2,312 SF
Lot Size0.44 Acres
Price / SF$183.82
Days on Market436
Property Features for 3015 Dixie Hwy
General Information
Standard status
Active
Size
2,312 SF
Lot size
0.44 Acres
Property subtype
RETAIL
Listing Agency:
North Ridge Realty Group
(513) 504-8232
Listed By:
Marshall Stretch · License #2008004113
(513) 504-8232
Source:
Moodyscre
Added: May 21, 2025
Changed: Jul 6
Last Checked: Jul 21 at 3:09AM
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 North Ridge Realty Group
Investment Insights
Based on property information with market context.
This property, formerly an Arby's, features high visibility at a signalized intersection. The building includes two large walk-in units, one refrigerator and one freezer, as well as a drive-thru window and a 12-foot hood. A large pylon sign is present on the property. Newer HVAC and roof systems are in place. The property size is 2,312 square feet. Annually, the taxes are $5,889.88.
Key Highlights
- High visibility at signalized intersection
- Convenient drive‑thru window
- Two large walk‑ins (refrigerator & freezer)
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 | $34.7k | $15.00 |
| − Vacancy | −$2.2k | −$0.96 |
| EGI | $32.5k | $14.04 |
| − OpEx | −$8.1k | −$3.51 |
| NOI | $24.3k | $10.53 |
2,312 SF · lease $15.00/SF/yr · vacancy 6.40% · expense 25.00%
Alternative Uses
Best Use
Specialty Retail
$347.8K
$304.3K – $405.8K
NOI $24,345 @ 7.0% cap · market cap 5.73%
Second Best
Retail
$140.2K
$122.7K – $163.6K
NOI $9,816 @ 7.0% cap · market cap 2.31%
Theoretical Best
Office A
$457.1K
$400.0K – $533.3K
NOI $31,999 @ 7.0% cap · market cap 7.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
542
Businesses Nearby
Explore this area
Business Placement
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Drive through restaurant - Freestanding restaurant with drive-thru, walk-ins, and pylon sign.
Where is this drive through restaurant located?
The property is located at 3015 Dixie Hwy Hamilton, OH.
What is the asking price?
The asking price for this property is $425,000.
What are key features of this property?
This property features: High visibility at signalized intersection; Convenient drive‑thru window; Two large walk‑ins (refrigerator & freezer)
