Freddy's NNN Lease Investment
3792 Waterford Pkwy, Amelia, OH 45102
New 20-year NNN lease with attractive rental escalations.
Type:Retail
Property size:
3,644 SFLot size:
1.00 AcrePrice / SF:
$669/SF- Added:
- Mar 16, 2026
- Days on Market:
- 58
- Last Refresh:
- Mar 19 at 11:51 pm
Property Features for 3792 Waterford Pkwy
General Information
- Standard status
- Active
- Size
- 3,644 SF
- Lot size
- 1.00 Acre
- Property subtype
- Retail
Building Details
- Year Built
- 2015
Listing agent Justin Zahn License #SA545840000
Listing office Commercial Investment Advisors (CIA) Scottsdale
Listing date Mar 16, 2026
Source Crexi
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All listing content including descriptions, pricing, images are the copyrighted material of Commercial Investment Advisors (CIA) Scottsdale
HighLights
- Brand new 20‑year Absolute NNN lease provides long‑term, stable income.
- Attractive 7.50% rental escalations every 5 years, increasing profitability.
- Experienced multi‑concept franchisee guarantees the lease, reducing risk.
- Located on a large ±1.0‑acre lot with excellent access and visibility on Ohio Pike. High traffic counts (29,573 CPD).
- Proximity to numerous national retailers enhances the location's appeal.
- Close to University of Cincinnati Clermont and Northern Kentucky University.
Overview
This property features a Freddy’s Frozen Custard operating under a brand new 20-year absolute NNN lease. The lease includes attractive 7.50% rental escalations every 5 years, along with four 5-year options to renew. The tenant, Ram-Z Custard, LLC, is an experienced multi-concept owner/operator with 42 Freddy’s restaurants (including those currently under construction), making it the 6th largest Freddy’s franchisee in the U.S., and 34 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country and 7 Popeyes locations in Alabama (83 TOTAL UNIT GUARANTY). All units back the performance of the lease. The property is positioned on a large approximately 1.0-acre lot, offering great access and visibility on Ohio Pike, a main north/south thoroughfare in Amelia, with traffic counts of 29,573 CPD. Retailers within 5 miles include Walmart, Target, Lowe’s, Home Depot, T.J. Maxx, Burlington, Gabe’s, Dick’s Sporting Goods, Sportsman’s Warehouse, Rally House, DSW, Shoe Carnival, Big Lots, HomeGoods, Best Buy, Michaels, Five Below, Popshelf, Staples, Half Price Brooks, Ulta Beauty, Sally Beauty, Ace Hardware, Harbor Freight Tools, PetSmart, Petco, ALDI, Kroger, Grocery Outlet, Family Dollar, Dollar Tree, Walgreens, and CVS. The property is located 4 miles from the University of Cincinnati Clermont, a public university serving 3,091 students (Fall 2024); 13 miles from Northern Kentucky University with 14,985 students; 6 miles from Mercy Health - Anderson, a 286-acute care bed, full-service hospital with 36 emergency department beds, 20 ICU beds, 30 obstetric beds & is classified as a Level 2 NICU; and 9 miles from Mercy Health - Clermont, a 177-bed hospital specializing in 24-hour emergency care, cardiology, oncology, pulmonary, & sports medicine services. The building size is 3,644 square feet.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Conventional restaurants
Location Insight
- Map
- Local Demand
- City
- Amelia
- County
- Clermont
- State
- Ohio
- Longitude
- -84.2069
- Latitude
- 39.0167
Nearby Similar for Sale
FAQs
What type of property is this?
Conventional restaurant - New 20-year NNN lease with attractive rental escalations.
Where is this conventional restaurant located?
The property is located at 3792 Waterford Pkwy Amelia, OH.
What is the asking price?
The asking price for this property is $2,440,000.
What are key features of this property?
This property features: Brand new 20‑year Absolute NNN lease provides long‑term, stable income.; Attractive 7.50% rental escalations every 5 years, increasing profitability.; Experienced multi‑concept franchisee guarantees the lease, reducing risk.
