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30089810
30089809

855 E Kemper Rd, Springdale, OH 45246

CO
CA 01985082
Matthews
RI
CA 02195578
Matthews
Listed by Matthews
$2,475,000
90 days on market
Updated 90 days ago

Dark Chili’s - For Sale/Lease

Details
Property Type Retail
Sub Type QSR/Fast Food, Restaurant
Square Footage 5,820
Cap Rate 8.2%
NOI $202,876
Tenancy Vacant
Brand/Tenant Chili's
Lease Type Absolute NNN
Lease Expiration 10/31/2027
Remaining Term 2
Lease Options 4,5 Year Options
Price per SqFt $425
Year Built 1996
Buildings 1
Stories 1
Acreage 1.560
Parking Spaces spaces
Ownership Fee Simple

Major Retail Corridor | High Traffic Location with Immediate I-275 Access | Cincinnati MSA

Investment highlights

  • In-Place Income: 1.7 years of rent is being paid through October 31, 2027, providing near-term cash flow while ownership secures a replacement tenant or repositions the asset.

  • Major Retail Corridor: Located in the heart of North Cincinnati’s strongest retail node, the property is surrounded by premium national tenants such as Walmart Supercenter, Sam’s Club, Target, Lowes, ALDI, Best Buy, Marshalls, Chick-fil-A, Applebee’s, Jersey Mike’s, O’Reilly Auto Parts, Tractor Supply, and Harris Teeter. The area has proven national tenancy and established consumer demand.

  • High Traffic Location with Immediate I-275 Access: Positioned along Kemper Road with strong daily traffic and direct connectivity to I-275, providing visibility, access, and consistent consumer flow.

  • Cincinnati MSA: Situated within the greater Cincinnati MSA, a stable and economically diverse metro supporting long-term retail demand and national tenant expansion. There are more than 700,000 people in a 10-mile radius and average household income north of $100,000.

Listing Contacts

CO
CA 01985082
Matthews
RI
CA 02195578
Matthews
Listed by Matthews

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$
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$202,876.00
$16,906.33/mo

Valuation Metrics

0
DSCR
8.2%
Cap Rate
8.2%
ROI

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Additional Information

Name
Matt Wallace
License
License # REC.2022007141, BRKP.2024002419 (OH)
Brokerage
Matthews Real Estate Investment Services, Inc
Brokerage Phone
(866) 889-0550
Title
Broker of Record
Brokerage Address
950 Main Ave., Suite 510, Cleveland, OH 44113
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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