Freddy's Amelia, Oh

Highlights:

• • LONG -TERM LEASE - Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew
• • OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants, making it the 6th largest Freddy’s franchisee in the U.S., and 35 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country (including those currently under construction). **All units back the performance of the lease!**
• • HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.0-acre lot with great access/visibility on Ohio Pike (main north/south thoroughfare in Amelia) with traffic counts of 29,573 CPD!
• • 2024 VERY AFFLUENT DEMOGRAPHICS: Population: 92,790 & Average Household Income: $104,112

Description:

Freddy’s Frozen Custard has a Brand new 20-year Absolute NNN lease with attractive 7.50% rental escalations every 5 years with four 5-year options to renew. The Tenant, Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants, making it the 6th largest Freddy’s franchisee in the U.S., and 35 Schlotzsky’s locations, the largest Schlotzsky’s franchisee in the country (including those currently under construction).
The Asset is Positioned on a large ±1.0-acre lot with great access/visibility on Ohio Pike (main north/south thoroughfare in Amelia) with traffic counts of 29,573 CPD! It is Retailers within 5 miles include Walmart, Target, Lowe’s, Home Depot, T.J. Maxx, Burlington, Gabe’s, Dick’s Sporting Goods, Sportsman’s Warehouse, Rally House, DSW, Shoe Carnival, Big Lots, HomeGoods, Best Buy, Michaels, Five Below, Popshelf, Staples, Half Price Brooks, Ulta Beauty, Sally Beauty, Ace Hardware, Harbor Freight Tools, PetSmart, Petco, ALDI, Kroger, Grocery Outlet, Family Dollar, Dollar Tree, Walgreens, and CVS. It is 4 miles from University of Cincinnati Clermont - a public university offering various associate degrees and certificates serving 3,091 students (Fall 2024); 13 miles from Northern Kentucky University - a public university offering numerous majors & master’s programs with 14,985 students; 6 miles from Mercy Health - Anderson - a 286-acute care bed, full-service hospital providing inpatient, outpatient & ancillary health care services with 36 emergency department beds, 20 ICU beds, 30 obstetric beds & is classified as a Level 2 NICU; 9 miles from Mercy Health - Clermont - a 177-bed hospital specializing in 24-hour emergency care, cardiology, oncology, pulmonary, & sports medicine services
In Association with Designated Broker:
Brian Brockman – Broker
License #: BRK.2009000214
Bang Realty, Inc
bor@bangrealty.com
513-898-1551

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