Single-Tenant Restaurant
For Sale
Contact for pricing
5063 Bowen Drive, Mason, OH 45040
Dark restaurant asset subject to an absolute NNN ground lease with approximately 5.5 years remaining.
Property Size5,014 SF
Price / SF$408.80
Days on Market166
Property Features for 5063 Bowen Drive
General Information
Standard status
Active
Size
5,014 SF
Property subtype
Retail
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$143,481
Building Details
Year Built
2006
Tenancy
Single
Listing Agency:
Northmarq
Listed By:
Enoch Escalera · License #201253957
(971) 351-9232
Source:
Crexi
Added: May 4
Changed: Oct 12
Last Checked: Oct 16 at 9:32AM
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 Northmarq
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Investment Insights
Based on property information with market context.
The 5,014-square-foot restaurant property was built in 2006 and is configured as a single-tenant IHOP location. The restaurant is currently dark and subject to an absolute NNN ground lease, with approximately 5.5 years remaining. The lease structure places landlord responsibilities outside the arrangement during the remaining term.
Located at 5063 Bowen Drive in Mason, Ohio, the property sits within a retail corridor that includes Walmart, Costco, Target, Kroger, Whole Foods, Home Depot, Lowe’s, and Meijer. The surrounding trade area functions as a regional shopping destination within the Cincinnati metro, with a broad concentration of national retailers.
Located at 5063 Bowen Drive in Mason, Ohio, the property sits within a retail corridor that includes Walmart, Costco, Target, Kroger, Whole Foods, Home Depot, Lowe’s, and Meijer. The surrounding trade area functions as a regional shopping destination within the Cincinnati metro, with a broad concentration of national retailers.
Key Highlights
- 5,014‑square‑foot restaurant property built in 2006
- Single‑tenant IHOP location at 5063 Bowen Drive, Mason, Ohio 45040
- Dark restaurant subject to an absolute NNN ground lease
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
696
Businesses Nearby
646k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Dining 29%
Superstores 19%
Groceries 15%
Shops & Services 15%
Walmart
Superstores
125,677 visits/mo
0.2 miles
Kroger
Groceries
66,136 visits/mo
0.4 miles
Regal Cinemas
Leisure
36,259 visits/mo
0.3 miles
DICK'S Sporting Goods
Apparel
35,507 visits/mo
0.2 miles
Whole Foods Market
Groceries
32,147 visits/mo
0.3 miles
Demographics for 45040, OH
57,153
Population
21,977
Households
2.6
Avg Household Size
40
Median Age
65%
College-Educated
98%
High-School Grad
28.5 sq mi
ZIP Area
2,005
Density / Sq Mi
$131,803
Median Household Income
$68,422
Median Earnings
$1,691
Median Rent
$403,700
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Dark restaurant asset subject to an absolute NNN ground lease with approximately 5.5 years remaining.
Where is this conventional restaurant located?
The property is located at 5063 Bowen Drive Mason, OH.
What is the asking price?
The asking price for this property is $2,049,728.
What are key features of this property?
This property features: 5,014‑square‑foot restaurant property built in 2006; Single‑tenant IHOP location at 5063 Bowen Drive, Mason, Ohio 45040; Dark restaurant subject to an absolute NNN ground lease
