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O'Charley's on Crookshank 5075 Crookshank Rd

6,128 SF Retail Building Cincinnati, OH 45238 $1,610,500 ($263/SF) 6% Cap Rate

Investment Highlights

  • Long term tenant under lease
  • True NNN lease
  • Well established and operating restaurant tenant
  • Ability to change use/tenant in future

Executive Summary

Established restaurant building for sale with long-standing and successful O'Charleys tenant under lease. Buy this property and collect the rental income from the operating restaurant tenant. True NNN lease, listing price reflects a 6% CAP. Property includes a 6,128 sqft building with 126 parking spaces on 2.353 acres. Property can be purchased in a package with 5095 & 5101 Crookshank Rd or separately.

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Restaurant
Building Size
6,128 SF
Building Class
C
Year Built
1996
Price
$1,610,500
Price Per SF
$263
Cap Rate
6%
NOI
$96,630
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Land Acres
2.38 AC
Zoning
CC-A - Auditor Land Use 430 - RESTAURANT, CAFET AND/OR
Parking
60 Spaces (9.79 Spaces per 1,000 SF Leased)
Frontage
300 FT on Crookshank

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
Walk Score ®
Very Walkable (75)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

Nearby Major Retailers

O'Charley's
Roosters
Buffalo Wild Wings
Skyline Chili
PNC Bank
ALDI
Starbucks
Waffle House
LaRosa's Pizzeria
Rent-A-Center

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
248-0003-0192
Land Assessment
$184,751
Improvements Assessment
$215,065
Total Assessment
$399,816
  • Listing ID: 31742193

  • Date on Market: 5/8/2024

  • Last Updated:

  • Address: 5075 Crookshank Rd, Cincinnati, OH 45238

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