6380 Wilmington Pike, SUGARCRK Township, OH 45305
- Retail properties & Spaces
- 4,047 SF
- 1.08 lot acres
Current Use by Public Records
- Retail properties & Spaces
Property Details for 6380 Wilmington Pike
- Year built
- 1996
- Lot size
- 1.08 lot acres
- Property type
- Retail properties & Spaces
- Property subtype
- Restaurants
Description
This exceptional investment opportunity presents a 4,047 square foot, single-tenant restaurant building in Dayton, Ohio. Absolutely net leased to Steak 'n Shake, the property boasts a five-year base term with two additional five-year options, ensuring a stable income stream. The property offers a compelling six percent cap rate, built-in rent increases, and zero landlord responsibilities. Strategically located as an outparcel to Kohl's and Lowe's, this prime retail location benefits from exceptional visibility and proximity to numerous national retailers including Walmart, Starbucks, McDonald's, and more. Situated on a major thoroughfare with over 18,000 vehicles per day and less than a mile from Interstate 675 (55,000+ VPD), the property enjoys high traffic counts. The strong demographics, with over 121,000 people within a five-mile radius, further enhance its investment appeal. Built in 1996, this one-story building sits on a 1.08-acre lot (APN: L32000100030019600) at 6380 Wilmington Pike, Sugarcreek Township, OH 45305. This is a rare opportunity to acquire a well-located asset with a strong current return and significant long-term potential. The property's exceptional location, strong tenant, and favorable lease terms make it an ideal addition to any investment portfolio.
Value Estimations
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AI approach
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- SUGARCRK Township
- County
- Greene
- State
- Ohio
- Longitude
- -84.1101
- Latitude
- 39.6438
