Technical
Financial
Distress signals
Property profile

121 South Heincke Rd Miamisburg, OH 45342

FOR SALE
Turn key restaurants
Property ID
US66-5789089
4,954 SF 1.09 ac lot Built 1970
Entity Owned 1-yr Hold ~ Est. High Equity
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For Sale
Contact for pricing 4,954 SF
121 South Heincke Rd, Miamisburg, OH 45342
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Property summary

AI-generated overview

This exceptional investment opportunity presents a 2,442 square foot Arby's restaurant in Miamisburg, Ohio, situated at 121 S Heincke Rd, 45342. The property boasts a strong 20-year absolute NNN lease with AES Restaurants of Ohio, LLC, a significant operator within the AES Restaurant Group, owning 29 of 187 units. This sale-leaseback transaction offers a 5.50% cap rate and a substantial $126,842 annual net operating income (NOI). The property benefits from a prime location, approximately 500 feet from a newly constructed Kroger Marketplace and Fuel Center (2023). The ease of management is ensured by the NNN lease structure, eliminating landlord responsibilities. Arby's, part of the Inspire Brands family (the second-largest restaurant company in the US), enjoys a strong national brand presence. The property's strategic location is further enhanced by its proximity to numerous other national retailers within a 0.5-mile radius, including Wendy's, McDonald's, Big Lots, Chase Bank, AutoZone, Walgreens, Ace Hardware, Family Dollar, Burger King, Taco Bell, and a USPS location. This is a turnkey investment with a long-term, secure lease and a proven track record of success. The asking price is $2,306,232. 100% occupancy ensures immediate cash flow.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1970
Construction FRAME
Total area 4,954 SF
Lot 1.09 ac (47,306 SF)
APN K46 00514 0046
UPID US66-5789089

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Auto Parts Store

Location

121 South Heincke Rd Miamisburg, OH 45342
Miamisburg metro Census 50503 DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$655k

Owner & transaction history

since 2025
Last sale
$2.3M
7 recorded transactions
2025
Price N/A
2025
$2.3M
2023
Price N/A
2021
Price N/A
2019
$799,300
2014
Price N/A
1969
Price N/A

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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