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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

907 Oh-28 Milford, OH 45150

3,291 SF 1.11 ac lot Built 2010
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a 3,291 square foot Freddy's restaurant located in Milford, Ohio, on a 1.106-acre lot. The property boasts a brand new 20-year absolute NNN lease with a strong tenant, Ram-Z Custard, LLC, the 6th largest Freddy's franchisee in the US, operating 69 locations. The lease includes attractive 7.5% rent bumps every five years and four five-year renewal options, ensuring long-term stability. The property enjoys high visibility and traffic counts of 16,305 cars per day on Business 58. Situated in a thriving area with a population of 76,164 and an average household income of $146,310, the property benefits from proximity to major retailers including Walmart, Target, and Home Depot, as well as educational institutions like the University of Cincinnati and Xavier University, and healthcare facilities such as Jewish Hospital Mercy Health. The property's strong financials include a 6.00% cap rate and a net operating income (NOI) of $175,000. Built in 2010, this single-story building is zoned C and offers a fee-simple ownership structure. This is a rare opportunity to acquire a high-performing, long-term net lease investment with a proven tenant and significant upside potential.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2010
Total area 3,291 SF
Lot 1.11 ac (48,177 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Isalis (Bike/Boat/Book/etc) Store
  • Party City Party Supply Store (Bike/Boat/Book/etc) Store
  • Skunk Funk Big Box & Wholesale Store
  • Carl's Trading Co Hat Shop
  • Bushka's Kitchen LLC (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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