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Long John Silver's Absolute NNN Fast Food Property Ohio

Long John Silver’s | Cincinnati, OH
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Investment Offering

Tenant: Long John Silver’s | Cincinnati, OH
Premises: 2,484 SF
Renewal Options: 4 x 5 Years

Lease Expiration: 10/18/2035
Lease Type: Absolute NNN
Rental Increases: 7% Every 5 Years


Sands Investment Group is Pleased To Exclusively Offer For Sale the 2,484 SF Long John Silver’s Absolute NNN Fast Food Property Located at 842 Eastgate South Drive in Cincinnati, Ohio. With Over 14 Years Remaining on an Absolute Triple Net (NNN) Lease and Attractive Rent Increases Every 5 Years, This Opportunity Provides For a Best-of-Class Investment With Income Growth in the Desirable Ohio Market.

  • Over 14 Years Remaining on an Absolute Triple Net (NNN) Lease
  • Strong Operator That Owns and Operates 25+ Long John Silver’s Throughout the Greater Cincinnati-Dayton, Ohio Market Area
  • Ideally Situated Along a Strong Retail Corridor With Over 55,700 VPD Along James A Rhodes Appalachian Hwy (32)
  • Cincinnati is the Fastest Growing Economic Power in the Midwestern United States Based on Increase of Economic Output and Ohio’s Largest Metropolitan Area
  • Over 103,500 Residents Making an Average Income of $70,452 Within a 5-Mile Radius
  • Situated 25 Minutes From Downtown Cincinnati Which is Undergoing Significant Changes Due to a New Development and Private Investment Including the Banks Project Adding Apartments, Retail, Restaurants and Offices That Stretch From Great American Ball Park to Paul Brown Stadium
  • Property is Conveniently Located in a Dense Residential Area Within Walking Distance of Several Multi-Family Complexes Including Kennedy’s Landing and Echelon Luxury Apartments
  • Nearby Tenants Include: Walmart Supercenter, Sam’s Club, Home Goods, Michaels, Planet Fitness, Burger King, Taco Bell, Chick-fil-A, Panera Bread, LongHorn Steakhouse, Waffle House, Popeyes, Chipotle, Chase Bank, Applebee’s, Pep Boys, Sherwin Williams and More

In Cooperation With ParaSell, Inc., A Licensed Ohio Broker
Lic. # REC.2020005946 BoR: Scott Reid – Lic. # BRKP.2020001224

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Tenant Overview

Long John Silver’s, Inc., is a United States-based fast-food restaurant. Founded in 1969 in Lexington, Kentucky, the company’s headquarters are now in Louisville, Kentucky. The brand’s name is derived from the novel Treasure Island by Robert Louis Stevenson, in which the pirate “Long John” Silver is one of the main characters. Formerly a division of Yum! Brands, Inc., the company was divested to a group of franchisees in September 2011 and is now 80% franchise owned.

Over the last 50 years, Long John Silver’s has combined its national scale, strong consumer awareness, craveable menu, compelling proposition, and unmatched seafood knowledge and expertise to serve over one million customers per week. Today, Long John Silver’s owns, operates and franchises the largest seafood QSR system in the world, with over 670 restaurants (80% franchised) located across 40 U.S. states, Puerto Rico, Singapore and the Philippines generating annual system wide sales of approximately $500 million. Long John Silver’s is the largest seafood QSR operator in the world, and the only operator in the U.S. with a national presence. Craveable seafood, like that offered by Long John Silver’s, has grown in popularity as a healthier alternative to typical QSR offerings.

Area Overview

Long John Silver’s | Cincinnati, OH

842 Eastgate South Drive - Cincinnati, OH 45246

Contact Broker for Details

Status: Sold

Long John Silver’s | Cincinnati, OH

Amar Goli

704.275.3787
amar@SIGnnn.com

Scott Reid

949.942.6585
scott@parasellinc.com

Make an Offer
$8 BILLION IN SALES

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