Technical
Financial
Distress signals
Property profile

512 Carroll St New Lexington, OH 43764

FOR SALE
Turn key restaurants
Property ID
US66-4897403
2,124 SF 0.78 ac lot Built 1991
Entity Owned 1-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional investment opportunity presents a fully occupied Pizza Hut restaurant located at 512 Carroll St, New Lexington, Ohio 43764. Built in 1991, this property sits on a 0.84-acre lot and offers a strong, stable income stream with an absolute NNN lease structure. The property boasts a 100% occupancy rate, generating a substantial net operating income (NOI) of $64,377 annually, resulting in an attractive 6.25% capitalization rate. The asking price for this turnkey operation is $1,030,000. This single-tenant property is classified as a Quick Service Restaurant (QSR) and falls under the retail property type. Its location in Perry County, Ohio, provides excellent access to a well-established customer base. The property's strong performance history and favorable lease terms make it an ideal addition to any diversified investment portfolio. This is a rare opportunity to acquire a well-established, high-performing QSR property with significant upside potential. The property's solid financials and prime location make it a compelling investment prospect. Don't miss out on this chance to secure a valuable asset in a thriving market.

Property profile

Verified
Property type Turn key restaurants
Use group RESTAURANT
Year built 1991
Construction FRAME
Total area 2,124 SF
Lot 0.78 ac (33,977 SF)
APN 27-000140.0000
UPID US66-4897403

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
  • Take-out & Catering

Location

512 Carroll St New Lexington, OH 43764
New Lexington metro Census 966200 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$790k
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$790k

Owner & transaction history

since 2024
Last sale
$787,567
4 recorded transactions
2024
$787,567
2019
$857,000
2018
$851,182
2007
$366,759

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?”
More about this property
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