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Investment Sale 130 N Broad St 2,826 SF Retail Building Fairborn, OH 45324 $900,000 ($318.47/SF) 9% Cap Rate
INVESTMENT HIGHLIGHTS
- Located across from Wright Patterson Air Force Base
- Freestanding Restaurant with drive thru
EXECUTIVE SUMMARY
Investment Property (restaurant) for sale
Honey Toast Breakfast and Brunch – owner has 5 restaurants
New 5 year lease expires 1/31/2029
Tenant has two options to renew with rental increases
2,826 SF Freestanding Restaurant with drive-thru
Built-in 2019; Approximately 0.385 acres; Parcel # A02000100020001700
Located across from Wright Patterson Air Force Base with over 31,000 employees and the 1A commissary gate
Over 34,613 cars per day on I-675 and 8,470 cars per day on Broad St.
For Sale - $900,000 – 9% cap rate
Honey Toast Breakfast and Brunch – owner has 5 restaurants
New 5 year lease expires 1/31/2029
Tenant has two options to renew with rental increases
2,826 SF Freestanding Restaurant with drive-thru
Built-in 2019; Approximately 0.385 acres; Parcel # A02000100020001700
Located across from Wright Patterson Air Force Base with over 31,000 employees and the 1A commissary gate
Over 34,613 cars per day on I-675 and 8,470 cars per day on Broad St.
For Sale - $900,000 – 9% cap rate
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Building Size
2,826 SF
Building Class
B
Year Built
2019
Price
$900,000
Price Per SF
$318.47
Cap Rate
9%
NOI
$81,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
0.38 AC
Zoning
DC - Downtown Commercial
TRAFFIC
| COLLECTION STREET | CROSS STREET | TRAFFIC VOLUME | YEAR | Distance |
|---|---|---|---|---|
| N Broad St | Middle St, S | 12,414 | 2018 | 0.05 mi |
| W Xenia Dr | N 2nd St, E | 1,886 | 2022 | 0.06 mi |
| N 3rd St | Elder Dr, S | 164 | 2022 | 0.10 mi |
| N Broad St | W Main St, S | 13,053 | 2018 | 0.16 mi |
| West Xenia Drive | N Wright Ave, SE | 2,431 | 2020 | 0.17 mi |
| XENIA DR | N Wright Ave, SE | 2,196 | 2020 | 0.17 mi |
| W Xenia Dr | N Wright Ave, SE | 2,397 | 2022 | 0.17 mi |
| W Main St | N 2nd St, E | 1,806 | 2022 | 0.18 mi |
| N Broad St | Pierce Dr, SW | 10,487 | 2022 | 0.23 mi |
| CLOVER ST | S Broad St, W | 1,043 | 2020 | 0.26 mi |
Walk Score®
Very Walkable (70)
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | A02-0001-0002-0-0017-00 | Improvements Assessment | $209,180 |
| Land Assessment | $29,350 | Total Assessment | $238,530 |
PROPERTY TAXES
Parcel Number
A02-0001-0002-0-0017-00
Land Assessment
$29,350
Improvements Assessment
$209,180
Total Assessment
$238,530
MAP
ADDITIONAL PHOTOS
Picture2
Interior Photo
Interior Photo