Adult Cabaret

Property consists of a 4,800 sq.​ ft.​ single story building totally remodeled in 2021 (including a new roof and full HVAC) sitting on one acre directly across the street from the Dayton Mall.​ The property is just down the street from a Super Walmart driving very high traffic counts to the area.​ The property has been an Adult Cabaret for 20 years and has an approved permit at this location.​ This is a sale including a new 10-year NNN lease personally guaranteed by a multi-unit operator with 2 five-year extensions.​ The offering is for $1,800,000.00 which reflects a true 8 cap on first year rental income of $144,000.00 ($12,000.00 Per Month).​ Tenant is responsible for all maintenance and repairs as well as taxes and insurance.​

Property consists of a 4,800 sq. ft. single story building totally remodeled in 2021 (including a new roof and full HVAC) sitting on one acre directly across the street from the Dayton Mall. The property is just down the street from a Super Walmart driving very high traffic counts to the area. The property has been an Adult Cabaret for 20 years and has an approved permit for this location. This is a sale including a new 10-year NNN lease personally guaranteed by a multi-unit operator with 2 five-year extensions. The offering is for $1,800,000.00 which reflects a true 8 cap on first year rental income of $144,000.00 ($12,000.00 Per Month). Tenant is responsible for all maintenance and repairs as well as taxes and insurance.