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907 State Route 28
Milford, OH 45150
Asking Price
$2.44M
Cap Rate
6.25%
Asset Type
Bank Retail
Class
Class B
What's Special
Retail | 6.25% CAP | 3,291 SqFt <ul><li><strong style="color: rgba(6, 34, 57, 1)">LONG -TERM LEASE</strong><span style="color: rgba(6, 34, 57, 1)"> - 18 years remaining on initial 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew</span></li><li><strong style="color: rgba(6, 34, 57, 1)">OPERATOR | TENANT - </strong><span style="color: rgba(6, 34, 57, 1)">Ram-Z Custard, LLC is an experienced multi-concept owner/ operator with 42 Freddy’s restaurants (including t
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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
