3939 Red Bank Rd Cincinnati, OH
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Long-term NNN lease with attractive escalations in affluent area.
Type:RETAIL
Property size:
3,607 SFLot size:
0.79 AcresPrice / SF:
$776/SF- Added:
- Mar 4, 2025
- Days on Market:
- 422
- Last Refresh:
- Apr 5 at 10:28 pm
Property Features for 3939 Red Bank Rd
General Information
- Standard status
- Active
- Size
- 3,607 SF
- Lot size
- 0.79 Acres
- Property subtype
- RETAIL
Listing agent Justin Zahn (480) 718-5555
Listing office Commercial Investment Advisors (CIA) - Corporate (480) 718-5555
Listing date Mar 4, 2025
Source Moodyscre
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) - Corporate
Overview
NNN Leased Restaurant Investment
This property features a brand new 20-year absolute NNN lease with 7.50% rental escalations every 5 years and four 5-year options to renew. The property is positioned on a large ±1.13-acre lot with access and visibility on US-58/ Pearl Rd, a main north/south thoroughfare, with traffic counts of 25,348 CPD. The operator, RAM-Z Custard, LLC, owns and operates 69 locations, including 34 Freddy’s restaurants (the 6th largest Freddy’s franchisee in the U.S.) and 35 Schlotzsky’s locations (the largest Schlotzsky’s franchisee in the country, including those under construction). The property is located in an area with affluent demographics, including a population of 136,009 and an average household income of $128,245.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Freddy's Frozen Custard ...
Restaurant
Location Insight
- Map
- Local Demand
- City
- Cincinnati
- County
- Clermont
- State
- Ohio
- Longitude
- -84.4052
- Latitude
- 39.1463
Nearby Similar for Sale
FAQs
What type of property is this?
NNN property - Long-term NNN lease with attractive escalations in affluent area.
Where is this nnn property located?
The property is located at 3939 Red Bank Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $2,800,000.
What are key features of this property?
This property features: Brand new 20‑year absolute NNN lease with 7.50% rental escalations every 5 years and four 5‑year options to renew.; Tenant is a large and successful franchisee: RAM‑Z Custard, LLC, operator of 69 locations including Freddy's and Schlotzsky's.; High traffic location: Situated on a ±1.13‑acre lot on US‑58/Pearl Rd with 25,348 CPD.
