Description
235 North Heincke Road is a single-tenant Chipotle quick-service retail property offered for sale in Miamisburg, OH 45342, in the Dayton MSA submarket. Built in 2026 and 100% occupied, it offers an investor a defined restaurant asset with income already in place.
The building has 2,385 SF of gross leasable area on a 0.89-acre site. Pylon signage and an 8,372 AADT traffic count put visibility at the center of the retail story: customers need to identify the restaurant as they approach. The property also has 34 parking spaces and a parking ratio of 14.26 per 1,000 SF, giving buyers a concrete measure of how the site accommodates customer visits. Together, the building size, signage and parking frame the property around the day-to-day requirements of its quick-service tenant.
The asking price is $3,339,000, or $1,400 PSF, with a 5.25% in-place cap rate and $175,298 in-place NOI. In-place rents are $175,298/yr, and WALT is 15 years. Those figures let an investor weigh the current income and remaining lease duration against the purchase price, rather than relying on a future leasing assumption. With fee simple ownership interest and an NNN lease type, the offering centers on a single occupied property whose restaurant format, site configuration and existing income can be reviewed together as one acquisition.
Offering Summary
- Asking Price$3,339,000
- Price PSF$1,400
- Price/Acre$3,751,685
- Property TypeRetail
- Size2,385 SF
- Occupancy100%
- Properties1
- Built2026
- Parking34
- Total Acres~0.89 ac
Sale Details
- Walt15 Years
- Cap Rate5.25%
- NOI$175,298
- In-Place Cap Rate5.25%
- In-Place NOI$175,298
- GRM19.05
Documents
Property Address
Property Details
- Property Type
Retail - Square Feet
2,385 SF - Occupancy
100% - Year Built
2026 - Parking Ratio
14.26 per 1,000 SF - Total Parking
34 - Tenancy
Single - Lease Type
NNN - Ownership Interest
Fee Simple - Gross Leasable Area
2,385 SF - Traffic Count
8,372 AADT - Acres
0.89
Deal Team



