Hooters & Rib CIty
16,800 SF | Retail Building | Cincinnati, OH 45246 | $3,464,229 ($206/SF) | 8.75% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,464,229
- Property Type
-
Retail, Restaurant
- Square Feet
- 16,800 SF
- Price / Square Foot
- $206
Listing Contacts
Lucas Fernandez
Verified Profile
Chase Cameron
Verified Profile
Andrew Ivankovich
Verified Profile
- Property Info
Property Overview
Broker of Record
Kyle Matthews
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Kyle Matthews
License No. REC.2022007141 (OH)
(866) 889-0550
Matthews Real Estate Investment Services, Inc
1600 West End,
Ste. 1500 Nashville, TN 37203
Property Details
- Class
- C
- Year Built
- 1990
- Stories
- 2
- Lot Size (sq. ft)
- 131,116 SF
Highlights
- HIGH TRAFFIC COUNTS – Located right off Exit 41 off I-75 N which sees over ±126,100 vehicles per day. Springfield Pike also sees almost ±48,900 VPD
- GROWING POPULATION – The 5-mile population has increased 5.63% since 2020 to over 170,000. Expected to grow 7.70% in the next 5 years.
- LARGE PARCEL – Hard corner ±3-acre lot which increases the property’s visibility, providing more parking and greater lot reuse possibilities.
- EXCELLENT GUARANTEE – Hooters is backed by an excellent guarantee
- HIGH INCOME POPULATION – Households within 5 miles are estimated to grow 11.48% in the next 5 years and have an average household income of $97,754.
- RETAIL CORRIDOR – Surrounded by national tenants like Olive Garden, Dunkin’ Donuts, and Shell.
Nearby Properties
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