7341 Northcliff Ave

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7341 Northcliff Ave

Brooklyn, OH 44144
Asking Price
$3.24M
Cap Rate
5.85%
Asset Type
Restaurant Retail
Class
Class B

What's Special

Corporate Texas Roadhouse | Strong Sales Reporting | ABS NNN Ground Lease | 5.85% Cap Rate <ul><li>​<strong style="color: rgba(1, 21, 29, 1)">Major Casual Dining Brand</strong><span style="color: rgba(1, 21, 29, 1)">: International chain with 816+ locations generating $5.8B+ in annual revenue.</span></li><li>​<strong style="color: rgba(1, 21, 29, 1)">Absolute NNN Ground Lease</strong><span style="color: rgba(1, 21, 29, 1)">: Zero landlord responsibilities.</span></li><li>​<strong style="color: rgba(1, 21, 29, 1)">Established Location</strong><span style="color: rgba(1, 21, 29, 1)">: 2

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NOI
$80,000
Cap Rate
2.47%
DSCR
0.42
Underwater
Cash-on-Cash
-11.56%
Monthly Payment
$16,029.752
Annual Cash Flow
$-112,357.026

Location & Travel Times