Freddy’s Restaurant
For Sale
Contact for pricing
3792 Waterford Parkway, Amelia, OH 45102
Operating restaurant property with a long-term absolute NNN lease and access along Ohio Pike.
Property Size3,644 SF
Lot Size1.00 Acre
Price / SF$643.80
Days on Market8
Property Features for 3792 Waterford Parkway
General Information
Standard status
Active
Size
3,644 SF
Lot size
1.00 Acre
Property subtype
Retail
Zoning
C
Occupancy
100%
Lease Type
Absolute NNN
Investment Type
Net Lease
Net Operating Income
$152,500
Site & Location
Traffic Count
28,616 vehicles/day
Road Access
Yes
Building Details
Year Built
2015
Buildings
1
Units
1
Tenancy
Single
Listing Agency:
Commercial Investment Advisors (CIA) Scottsdale
Listed By:
Justin Zahn · License #SA545840000
Source:
Crexi
Added: Aug 3
Changed: Aug 9
Last Checked: Aug 9 at 2:03PM
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 Commercial Investment Advisors (CIA) Scottsdale
Investment Insights
Based on property information with market context.
Freddy’s Frozen Custard occupies a 3,644-square-foot restaurant property completed in 2015 on approximately 1.0 acre. The asset carries C zoning and is subject to an absolute NNN lease with 19 years remaining, 7.50% rental increases every five years, and four additional five-year renewal options.
The property fronts Ohio Pike, Amelia’s primary north-south thoroughfare, with reported traffic of 28,616 CPD. Retail activity within five miles includes Walmart, Target, Lowe’s, Home Depot, Kroger, ALDI, Best Buy, and numerous other national and regional retailers. University of Cincinnati Clermont is 4 miles away, Mercy Health–Anderson is 6 miles away, Northern Kentucky University is 13 miles away, and Mercy Health–Clermont is 9 miles away.
The lease guaranty covers 86 total units operated by Ram-Z Custard, LLC, whose portfolio includes Freddy’s, Schlotzsky’s, and Popeyes locations.
The property fronts Ohio Pike, Amelia’s primary north-south thoroughfare, with reported traffic of 28,616 CPD. Retail activity within five miles includes Walmart, Target, Lowe’s, Home Depot, Kroger, ALDI, Best Buy, and numerous other national and regional retailers. University of Cincinnati Clermont is 4 miles away, Mercy Health–Anderson is 6 miles away, Northern Kentucky University is 13 miles away, and Mercy Health–Clermont is 9 miles away.
The lease guaranty covers 86 total units operated by Ram-Z Custard, LLC, whose portfolio includes Freddy’s, Schlotzsky’s, and Popeyes locations.
Key Highlights
- 3,644 SF restaurant property built in 2015 on approximately 1.0 acre
- Absolute NNN lease with 19 years remaining and four five‑year renewal options
- 7.50% rental escalations scheduled every five years
Property Analytics
Current Use
Lease Details
28,616 VPD
Traffic count
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
300
Businesses Nearby
225k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 74%
Shops & Services 24%
Home Improvements & Furnishings 2%
McDonald's
Dining
29,027 visits/mo
0.5 miles
Circle K
Shops & Services
17,128 visits/mo
0.3 miles
Skyline Chili
Dining
16,279 visits/mo
0.3 miles
Chipotle Mexican Grill
Dining
14,605 visits/mo
0.4 miles
Dunkin' Donuts
Dining
13,629 visits/mo
0.5 miles
Demographics for 45102, OH
24,954
Population
9,923
Households
2.5
Avg Household Size
38
Median Age
24%
College-Educated
87%
High-School Grad
22.1 sq mi
ZIP Area
1,129
Density / Sq Mi
$76,015
Median Household Income
$43,442
Median Earnings
$910
Median Rent
$218,500
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Conventional restaurant - Operating restaurant property with a long-term absolute NNN lease and access along Ohio Pike.
Where is this conventional restaurant located?
The property is located at 3792 Waterford Parkway Amelia, OH.
What is the asking price?
The asking price for this property is $2,346,000.
What are key features of this property?
This property features: 3,644 SF restaurant property built in 2015 on approximately 1.0 acre; Absolute NNN lease with 19 years remaining and four five‑year renewal options; 7.50% rental escalations scheduled every five years
