Listing Agency: Matthews j***@matthews.com Show Phone

Listed By: Joe Nelson · License #CA 02012421

Source: Crexi

Added: Apr 13 Changed: Aug 31 Last Checked: Aug 30 at 11:22PM

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Investment Insights

Based on property information with market context.

This conventional restaurant property is associated with the Steak 'n Shake brand and is located at 3170 Towne Blvd in Middletown, Ohio. Steak 'n Shake recently exercised its option, providing a current transaction detail for the property.

Key Highlights

• Steak 'n Shake brand associated with the property
• Steak 'n Shake recently exercised its option
• Located at 3170 Towne Blvd, Middletown, OH 45044

Property Analytics

Property Profile

Current Use

Conventional restaurants

Suggested Use

Top Pick Locksmith Bakery Pharmacy Building Supply Real Estate Agency Veterinary Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

71

Businesses Nearby

Well-served

Demand for This Use

Explore this area Business Placement

Demographics for 45044, OH

56,128

Population

21,645

Households

2.6

Avg Household Size

36

Median Age

30%

College-Educated

88%

High-School Grad

37.8 sq mi

ZIP Area

1,485

Density / Sq Mi

$71,942

Median Household Income

$40,568

Median Earnings

$1,034

Median Rent

$230,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Conventional restaurant - Established restaurant branding is associated with the property at 3170 Towne Blvd.

Where is this conventional restaurant located?

The property is located at 3170 Towne Blvd Middletown, OH.

What are key features of this property?

This property features: Steak 'n Shake brand associated with the property; Steak 'n Shake recently exercised its option; Located at 3170 Towne Blvd, Middletown, OH 45044