Two-Tenant NNN Restaurant &
For Sale
Contact for pricing
913 W Galbraith Rd, Cincinnati, OH 45231
Two leased properties on an NNN basis, including an absolute ground lease Pizza Hut and Auto City 513.
Property Size7,102 SF
Price / SF$151.37
Days on Market505
Property Features for 913 W Galbraith Rd
General Information
Standard status
Active
Size
7,102 SF
Property subtype
RETAIL
Site & Location
Neighborhood
College Hill
Additional Details
Cap Rate
7.45%
Building Details
Tenancy
Multi
Listing Agency:
3CRE Advisors, LLC - corporate
(513) 745-9333
Listed By:
Michael Costantini · License ##2018001126
(513) 383-8413
Source:
Moodyscre
Added: Jun 9, 2025
Changed: Oct 9
Last Checked: Oct 24 at 9:14PM
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 3CRE Advisors, LLC - corporate
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 two-tenant NNN investment opportunity features an absolute ground lease with Pizza Hut and an NNN lease with Auto City 513. The leases have approximately 4 years and 11 months remaining for each tenant.
Pizza Hut tenancy has been in place since 1992, and AutoCare use has been ongoing since 1984, supporting long-term historical cash flow. The property is offered for $1,130,000 with annual net operating income (2025) totaling $84,157.60, comprised of $42,684 from Pizza Hut and $41,473.60 from Auto City 513. The in-place cap rate is stated at 7.45%.
The report indicates an in-place annual net operating income and projected cap rates of 8.51% at Year 5 and 9.62% at Year 10.
Pizza Hut tenancy has been in place since 1992, and AutoCare use has been ongoing since 1984, supporting long-term historical cash flow. The property is offered for $1,130,000 with annual net operating income (2025) totaling $84,157.60, comprised of $42,684 from Pizza Hut and $41,473.60 from Auto City 513. The in-place cap rate is stated at 7.45%.
The report indicates an in-place annual net operating income and projected cap rates of 8.51% at Year 5 and 9.62% at Year 10.
Key Highlights
- Two‑tenant NNN investment opportunity with Pizza Hut and Auto City 513
- NOI of $84,157.60 and in‑place cap rate of 7.45%
- Pizza Hut: absolute ground lease with 4 years 11 months remaining; annual net operating income of $42,684
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$78,939
Cap Rate
7.34%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,780
$1.6M
Cap Rate 7%
$1,127,700
$1.1M
Cap Rate 9%
$877,100
$877.1K
Market Conditions
NOI Build-Up for 7,102 SF
Gross rent
$110.8K $15.60/SF
− Vacancy
−$5.5K −$0.78/SF
EGI
$105.3K $14.82/SF
− OpEx
−$26.3K −$3.70/SF
NOI
$78.9K $11.11/SF
Area
ZIP 45231
Vacancy
5.00%
Lease Rate
$15.60 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,578,780
Cap Rate 7%
$1,127,700
Cap Rate 9%
$877,100
Alternative Uses
Best Use
Specialty Retail
$1.13M
$986.7K – $1.32M
NOI $78,939 @ 7.0% cap · market cap 7.34%
Second Best
Retail
$1.00M
$876.2K – $1.17M
NOI $70,097 @ 7.0% cap · market cap 6.52%
Theoretical Best
Office A
$1.41M
$1.24M – $1.65M
NOI $98,824 @ 7.0% cap · market cap 9.19%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Current Use
Lease Details
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
451
Businesses Nearby
Explore this area
Business Placement
Demographics for 45231, OH
41,934
Population
17,845
Households
2.3
Avg Household Size
40
Median Age
27%
College-Educated
91%
High-School Grad
14.8 sq mi
ZIP Area
2,833
Density / Sq Mi
$69,140
Median Household Income
$43,400
Median Earnings
$1,118
Median Rent
$164,900
Median Home Value
Market
Vacancy Rate% for Retail in Cincinnati, OH
Frequently Asked Questions
What type of property is this?
NNN property - Two leased properties on an NNN basis, including an absolute ground lease Pizza Hut and Auto City 513.
Where is this nnn property located?
The property is located at 913 W Galbraith Rd Cincinnati, OH.
What is the asking price?
The asking price for this property is $1,075,000.
What are key features of this property?
This property features: Two‑tenant NNN investment opportunity with Pizza Hut and Auto City 513; NOI of $84,157.60 and in‑place cap rate of 7.45%; Pizza Hut: absolute ground lease with 4 years 11 months remaining; annual net operating income of $42,684
