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Fazoli's (Dayton, OH MSA)

$1,516,855

5230 Cobblegate Drive, Moraine, OH 45439

Active
Last Updated: 02/13/2025

5.75

Cap Rate

87,219.05

NOI

Details:
Cap Rate:    5.75%
NOI:    $87,219.05
Building Size:    3,272 sqft
Lot Area:    0.87 acres
Highlights:
  • Absolute NNN lease
  • Fee simple ownership (depreciation)
  • Corporate guarantee
  • Signalized corner location
  • Low rent
Description:

SLN Capital Markets, a division of S.L. Nusbaum Realty Co., is pleased to exclusively present for sale the fee simple interest in the property leased to Fazoli’s in Moraine, Ohio, a suburb of Dayton.

Fazoli’s signed a 20-year absolute NNN lease in 2018, leaving twelve years of firm lease term remaining plus six, 5-year options.

The property has excellent visibility at the signalized corner of Cobblegate and Springboro Pike (26,260 VPD), home to a significant number of local and national retailers and just six minutes to Fuyao Glass America, Moraine’s largest employer with 2,300 workers.

Suburb of Dayton, OH.

Map:
Documents:
Title
Fazoli_s__Moraine__OH_-_OM_02.13.25_condensed.pdf
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