1130 Dayton Yellow Springs Rd Fairborn, OH 45385
- Retail properties
- 3,659 SF
- 1.10 lot acres
Current Use by Public Records
- Arby's / Fast Food Restaurant / American Restaurant
Property Details for 1130 Dayton Yellow Springs Rd
- Year built
- 2005
- Lot size
- 1.10 lot acres
- Property size
- 3,659 SF
- Property type
- Retail properties
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a fee-simple ownership of a thriving Arby's restaurant located at 1130 E Dayton Yellow Springs Rd, Fairborn, Ohio, 45385. The property boasts 3,659 square feet on a 1.1-acre lot, strategically positioned on a major exit ramp off I-675, ensuring high visibility and accessibility. The property is a single-tenant, net-leased QSR with a 20-year absolute NNN lease in place with AES Restaurants, a franchisee operating 188 units. The initial annual net operating income (NOI) is $93,903, with a 10% rent increase every five years throughout the lease term, providing significant long-term growth potential. Built in 2005, this one-story building benefits from a prime location within a vibrant retail corridor featuring national brands like Menards, Kroger, Planet Fitness, Edward Jones, and Starbucks. The property's proximity to Wright-Patterson Air Force Base contributes to a strong and stable customer base. The asking price is $1,707,334, representing a 5.50% cap rate and a price per square foot of $466.61. The lease includes four, five-year renewal options, further securing the investment's long-term value. This sale-leaseback transaction offers a compelling combination of strong tenant performance, a favorable lease structure, and a desirable location, making it an attractive addition to any investment portfolio. The property is zoned commercial and enjoys 100% occupancy.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Fairborn
- County
- Greene
- State
- Ohio
- Longitude
- -83.9984
- Latitude
- 39.7828
