Freddy's (Winton) Cincinnati, 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 ±1.071-acre lot with great access/visibility on Winton Rd (main north/south thoroughfare in Cincinnati) with traffic counts of 21,913 CPD
• • 2024 VERY AFFLUENT DEMOGRAPHICS: Population: 218,437 & Average Household Income $130,845

Description:

Freddy’s 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 ±1.071-acre lot with great access/visibility on Winton Rd (main north/south thoroughfare in Cincinnati) with traffic counts of 21,913 CPD! Retailers within 5 miles include Walmart, Target, Home Depot, Kroger, Hibbett Sports, Rainbow Shops, Citi Trends, Roses Discount Store, Sally Beauty, Petco, Ace Hardware, Dollar General, Family Dollar, Advance Auto Parts, AutoZone, CVS, Walgreens, T-Mobile, GameStop, Planet Fitness, and DEFY. It is 8 miles from University of Cincinnati - a public university offering more than 300 majors & 100 certificate programs with total enrollment of 53,235 (Fall 2024); 8 miles from Xavier University - a private Jesuit university with over 90 undergraduate programs with 5,504 students (Fall 2024); 3 miles from UC Health Drake Center for Post-Acute Care - the region’s premier provider of post-acute & transitional care services; 71/2 miles from University of Cincinnati Medical Center - the region’s only academic medical center & only verified Level I adult trauma center with 724 licensed beds.
In Association with Designated Broker:
Brian Brockman – Broker
License #: BRK.2009000214
Bang Realty, Inc
bor@bangrealty.com
513-898-1551