8209 Springboro Pike Miamisburg, OH 45342-3704

This exceptional investment opportunity presents a fee-simple interest in a Hardee's restaurant located at 8209 N Springboro Pike, Miamisburg, OH 45342. The property boasts a 20-year absolute triple-net (NNN) lease commencing October 1, 2024, and expiring October 1, 2044, with four to five-year renewal options. The 3,522 square foot building, constructed in 1987 and renovated in 2019, sits on a 1.18-acre lot and includes a drive-thru. The lease includes a 7.5% rent increase every five years, providing inflation protection. The property enjoys a prime location along a high-traffic retail corridor, with over 24,000 vehicles passing daily, serving a densely populated market with over 465,000 residents within a 20-minute radius. The tenant, Midwest First Star Inc., operates 35 Hardee's locations across Ohio, Indiana, and Kentucky, demonstrating a strong commitment to the location and active growth within the CKE system. The property offers a 6.15% cap rate with a net operating income (NOI) of $110,000 and an asking price of $1,788,617 ($507.84 per square foot). This is a truly passive investment opportunity with significant long-term potential. The property is 100% occupied and features a single tenant. The property's APN is K45 25812 0002. This is a fee simple ownership with a sale for leaseback condition.