Restaurant with Covered
For Sale
Contact for pricing
6765 Dixie Hwy, Fairfield, OH 45014
Existing FF&E, kitchen systems, and a covered patio are included with this restaurant property.
Property Size4,379 SF
Price / SF$222.65
Days on Market100
Property Features for 6765 Dixie Hwy
General Information
Standard status
Active
Size
4,379 SF
Property subtype
RETAIL
Restaurant
Commercial Hood
Yes
Grease Trap
Yes
Patio
Yes
Equipment Included
Yes
Additional Details
Furnished
Yes
Business Included
Yes
Traffic Count
30,000 vehicles/day
Listing Agency:
Cushman & Wakefield | Cincinnati
(513) 421-4884
Listed By:
Rob Murphy
(513) 807-5840
Source:
Moodyscre
Added: Jul 28
Changed: Oct 25
Last Checked: Nov 3 at 8:20AM
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 Cushman & Wakefield | Cincinnati
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Investment Insights
Based on property information with market context.
The property includes a 4,379 SF restaurant with 745 SF of covered patio space. The turn-key restaurant includes FF&E such as (2) walk-in coolers/freezers, (2) hood systems, a grease trap, pizza oven, dishwasher, and additional equipment. The pasta station is not included.
Located near the intersection of Dixie Highway and Seward Road, the property benefits from reported traffic of over 30,000 VPD and a daytime population of over 164,000 people within 5 miles. The surrounding businesses include City Barbeque, Starbucks, TownePlace Suites, WoodSpring Suites, and Holiday Inn Express. More than 50 parking spaces are available on site.
Located near the intersection of Dixie Highway and Seward Road, the property benefits from reported traffic of over 30,000 VPD and a daytime population of over 164,000 people within 5 miles. The surrounding businesses include City Barbeque, Starbucks, TownePlace Suites, WoodSpring Suites, and Holiday Inn Express. More than 50 parking spaces are available on site.
Key Highlights
- 4,379 SF restaurant with 745 SF covered patio space
- FF&E includes (2) walk‑in coolers/freezers and (2) hood systems
- Additional equipment includes a grease trap, pizza oven, and dishwasher
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$46,111
Cap Rate
4.73%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,220
$922.2K
Cap Rate 7%
$658,729
$658.7K
Cap Rate 9%
$512,344
$512.3K
Market Conditions
NOI Build-Up for 4,379 SF
Gross rent
$65.7K $15.00/SF
− Vacancy
−$4.2K −$0.96/SF
EGI
$61.5K $14.04/SF
− OpEx
−$15.4K −$3.51/SF
NOI
$46.1K $10.53/SF
Area
Butler County, OH
Vacancy
6.40%
Lease Rate
$15.00 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$922,220
Cap Rate 7%
$658,729
Cap Rate 9%
$512,344
Alternative Uses
Best Use
Specialty Retail
$658.7K
$576.4K – $768.5K
NOI $46,111 @ 7.0% cap · market cap 4.73%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$865.8K
$757.6K – $1.01M
NOI $60,607 @ 7.0% cap · market cap 6.22%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Current Use
Lease Details
30,000 VPD
Traffic count
Turnkey business
Opportunity
Yes
Commercial hood
Yes
Grease trap
Location Intelligence
Trade Area within ½ mile
572
Businesses Nearby
Under-served
Demand for This Use
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
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 - Existing FF&E, kitchen systems, and a covered patio are included with this restaurant property.
Where is this conventional restaurant located?
The property is located at 6765 Dixie Hwy Fairfield, OH.
What is the asking price?
The asking price for this property is $975,000.
What are key features of this property?
This property features: 4,379 SF restaurant with 745 SF covered patio space; FF&E includes (2) walk‑in coolers/freezers and (2) hood systems; Additional equipment includes a grease trap, pizza oven, and dishwasher
