3524 Indian Meadows Dr | Hamilton, OH 45011
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3524 Indian Meadows Dr
Hamilton, OH 45011
BOB EVANS (CORPORATE GUARANTY)– HAMILTON, OH · Retail Property For Sale
Investment Highlights
- 19+ years remaining on initial 20-year Absolute NNN lease with RARE 2% annual rental increases starting in the 5th lease year May 1, 2027
- Successfully open & operating for decades with positive year over year sales trends! **Ask Broker for Details**
- Traffic counts of 41,727 CPD!
- Bob Evans Restaurants, LLC operates ±439 locations
- Well-positioned on a large ±1.979-acre lot with exceptional visibility/access on OH-4 & Indian Meadows Dr
- 2023 DEMOGRAPHICS: Total Population (5-MI): 127,816 | Average Household Income (1-MI): $156,072
Executive Summary
(Building & Land) Fee Simple
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
5,455 SF
Building Class
B
Year Built/Renovated
2004/2023
Price
$2,956,000
Price Per SF
$542
Cap Rate
7%
NOI
$206,936
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.98 AC
Zoning
C
Parking
91 Spaces (16.68 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Corner Lot
- Dedicated Turn Lane
- Pylon Sign
- Restaurant
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | A0300-023-000-078 | Improvements Assessment | $175,530 |
| Land Assessment | $181,030 | Total Assessment | $356,560 |
PROPERTY TAXES
Parcel Number
A0300-023-000-078
Land Assessment
$181,030
Improvements Assessment
$175,530
Total Assessment
$356,560
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