Listing Agency: Marcus & Millichap - Cleveland c***@ipausa.com Show Phone

Listed By: Scott Wiles · License #OH 2005013197

Source: Crexi

Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 1:45PM

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Investment Insights

Based on property information with market context.

The offering is identified as Raising Cane’s Restaurants and comprises 3,130 SF of retail space. The property is located at 5120 Dixie Hwy in Fairfield, Ohio, within ZIP code 45014. The listing reflects a 4.60% CAP rate and is presented as a for-sale retail opportunity.

Key Highlights

• 3,130 SF retail property
• 4.60% CAP rate
• 5120 Dixie Hwy, Fairfield, OH 45014

Property Analytics

Property Profile

Current Use

Retail space

Suggested Use

Top Pick Real Estate Agency Law Firm Computer & Electronic Repair Pharmacy Bakery Electrical Service

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

781

Businesses Nearby

Explore this area Business Placement

Demographics for 45014, OH

46,169

Population

19,926

Households

2.3

Avg Household Size

40

Median Age

31%

College-Educated

91%

High-School Grad

22.6 sq mi

ZIP Area

2,043

Density / Sq Mi

$69,624

Median Household Income

$44,611

Median Earnings

$1,145

Median Rent

$215,700

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?

Retail space - A 3,130 SF retail property offered for sale.

Where is this retail space located?

The property is located at 5120 Dixie Hwy Fairfield, OH.

What are key features of this property?

This property features: 3,130 SF retail property; 4.60% CAP rate; 5120 Dixie Hwy, Fairfield, OH 45014