Fazoli's (Dayton, OH MSA)
$1,516,855
5230 Cobblegate Drive, Moraine, OH 45439
For Sale
Retail
Free Standing
Active
Last Updated: 04/22/2025
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.
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