Investment Overview
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 11+ 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.
Investment Highlights
- Absolute NNN lease
- Fee simple ownership (depreciation)
- Corporate guarantee
- Signalized corner location
- Low rent