Freestanding Restaurant with
For Sale
$999,999
60 S Broad St, Fairborn, OH 45324
Signalized corner positioning provides direct access for customers and supports a visible restaurant operation.
Property Size2,889 SF
Price / SF$346.14
Days on Market48
Property Features for 60 S Broad St
General Information
Standard status
Active
Size
2,889 SF
Site & Location
Corner Location
Yes
Drive-Thru
Yes
Building Details
Year Built
2017
Buildings
1
Listing Agency:
NavX Realty, LLC
Listed By:
Simranjit Singh · License #2023003171
(513) 900-2000
Source:
Finn-team
Added: Sep 6
Changed: Oct 17
Last Checked: Oct 7 at 5:30PM
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 NavX Realty, LLC
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Investment Insights
Based on property information with market context.
This freestanding restaurant property at 60 S Broad St in Fairborn, Ohio, contains approximately 2,889 square feet and includes a dual drive-through configuration. The building is suited to restaurant operations and can also accommodate retail or other commercial concepts. On-site parking is available.
The property occupies a signalized corner with access to major area destinations, including Wright-Patterson Air Force Base and Wright State University. Nearby national retailers and restaurants contribute to an established commercial setting. The existing property information identifies the operation as Desi Diner American Indian Restaurant, offering American and Indian cuisine.
The property occupies a signalized corner with access to major area destinations, including Wright-Patterson Air Force Base and Wright State University. Nearby national retailers and restaurants contribute to an established commercial setting. The existing property information identifies the operation as Desi Diner American Indian Restaurant, offering American and Indian cuisine.
Key Highlights
- Approximately 2,889‑square‑foot freestanding restaurant building
- Dual drive‑through configuration
- Signalized corner at 60 S Broad St, Fairborn, OH 45324
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,348
Cap Rate
3.23%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,960
$647.0K
Cap Rate 7%
$462,114
$462.1K
Cap Rate 9%
$359,422
$359.4K
Market Conditions
NOI Build-Up for 2,889 SF
Gross rent
$45.1K $15.60/SF
− Vacancy
−$1.9K −$0.67/SF
EGI
$43.1K $14.93/SF
− OpEx
−$10.8K −$3.73/SF
NOI
$32.3K $11.20/SF
Area
Greene County, OH
Vacancy
4.30%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$646,960
Cap Rate 7%
$462,114
Cap Rate 9%
$359,422
Alternative Uses
Best Use
Specialty Retail
$462.1K
$404.4K – $539.1K
NOI $32,348 @ 7.0% cap · market cap 3.23%
Second Best
Retail
$389.4K
$340.7K – $454.3K
NOI $27,257 @ 7.0% cap · market cap 2.73%
Theoretical Best
Office B
$543.2K
$475.3K – $633.8K
NOI $38,025 @ 7.0% cap · market cap 3.80%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
591
Businesses Nearby
15k
Monthly Visits Nearby
Under-served
Demand for This Use
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 67%
Dining 21%
Beauty & Spa 7%
Home Improvements & Furnishings 5%
Shell
Shops & Services
6,650 visits/mo
0.4 miles
U.S. Bank
Shops & Services
2,371 visits/mo
0.4 miles
SUBWAY
Dining
2,110 visits/mo
0.5 miles
Papa John's Pizza
Dining
1,184 visits/mo
0.4 miles
LA Tan
Beauty & Spa
997 visits/mo
0.4 miles
Demographics for 45324, OH
40,449
Population
19,729
Households
2.1
Avg Household Size
34
Median Age
30%
College-Educated
92%
High-School Grad
33.1 sq mi
ZIP Area
1,222
Density / Sq Mi
$59,861
Median Household Income
$37,348
Median Earnings
$989
Median Rent
$177,700
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Conventional restaurant - Signalized corner positioning provides direct access for customers and supports a visible restaurant operation.
Where is this conventional restaurant located?
The property is located at 60 S Broad St Fairborn, OH.
What is the asking price?
The asking price for this property is $999,999.
What are key features of this property?
This property features: Approximately 2,889‑square‑foot freestanding restaurant building; Dual drive‑through configuration; Signalized corner at 60 S Broad St, Fairborn, OH 45324
