907 State Route 28

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907 State Route 28

Blanchester, OH
Asking Price
$2.44M
Asset Type
Retail
Class
Class B

What's Special

Located at 907 State Route 28, this property is situated in the primary commercial corridor of Milford, Ohio. The neighborhood is characterized by dense retail development and high-traffic national tenants. The site offers significant frontage and direct access to State Route 28, a major regional thoroughfare connecting local residential communities to the Interstate 284 interchange. Nearby amenities include various shopping centers, grocery anchors, and dining establishments, ensuring a steady flow of local and commuter traffic. The asset is designed for high-volume retail use, specifically optimized for quick-service restaurant operations. The site layout supports high-capacity drive-thru requirements and ample customer parking. A typical tenant profile for this location includes national corporate entities seeking long-term stability and high visibility in a proven suburban market. The absolute NNN structure makes it suitable for passive investors looking for a single-tenant retail property with zero landlord management responsibilities.

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NOI
$80,000
Cap Rate
3.28%
DSCR
0.55
Underwater
Cash-on-Cash
-8.86%
Monthly Payment
$12,071.789
Annual Cash Flow
$-64,861.464

Location & Travel Times