Aaron's - Portsmouth, OH
3050 Walnut St, Portsmouth, OH, 45662, US
₹130,692,000 | 996 m²
Description
Jones Lang LaSalle Americas, Inc. (“JLL”) is pleased to offer the opportunity to acquire the fee simple interest in the single-tenant Hooters located at 6851 Miller Lane in Dayton, Ohio (“Property” or “Asset”). Hooters is operating on a corporate absolute NNN lease with ±16.0 years of primary lease term remaining, 5.0% rent escalations every 5 years and four, five-year renewal options. Hooters has operated successfully at this site for over 20 years with a strong 7.20% rent-to-sales ratio.
OH Broker of Record: Jon Vanderplough, License #: SAL.2005015674
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Attributes
Asking price
₹214,741,000
Cap rate
7%
NOI
₹15,035,000
WAULT
16 years
Building area net
463 m²
Land area gross
0.49 ha
Media
Investment Highlights
- Long-term absolute NNN lease with ±16.0-years of term remaining
- Outparcel to highly trafficked Walmart Supercenter & Sam's Club (4M visits combined)
- Healthy location with strong rent-to-sales figure of 7.20%
- College town location nearby the University of Dayton with 10,500 students
- Along I-75 with direct accessibility to 123,000 VPD
- Strong demographics with 18% population growth within a 1-mile radius since 2010
Contact brokers
Hooters - Dayton, OH (0 Properties)
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Last updated
12 Jan 2026
