FORMER LONG JOHN SILVER'S - 332 WEST NATIONAL RD, ENGLEWOOD, OH - LoopNet

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FORMER LONG JOHN SILVER'S - 332 WEST NATIONAL RD, ENGLEWOOD, OH - LoopNet
F O R M E R LO N G J O H N S I LV E R ’ S
3 3 2 W E S T N AT I O N A L R D, E N G L E W O O D, O H
                 ABSOLUTE AUCTION              |   $1 BID MEETS RESERVE

 BUILDING: ±1,855 SF   PROPERTY TYPE: RETAIL       YEAR BUILT: 1974       DRIVE-THRU
    LOT: ±0.39 AC        TENANCY: SINGLE            STORIES: ONE         PYLON SIGN
PARKING: ±23 SPACES    OCCUPANCY: VACANT            ZONING: C-3,      LIT INTERSECTION
                                                    COMMUNITY              BUS LINE
                                                    COMMERCIAL
                                                                      ±2.5 MILE FROM I-70
FORMER LONG JOHN SILVER'S - 332 WEST NATIONAL RD, ENGLEWOOD, OH - LoopNet
P H I L I P K AT E S
                                                                                                                   T: 305-206-1286
                                                                                                               E: philip.kates@cbre.com

                                                                                                                  A D A M S K L AV E R
                                                                                                                    T: 954-745-7467
                                                                                                              E: adam.sklaver@cbre.com

                                                                                                                    ±1,855 SF QSR,
                                                                                                                       FORMER
                                                                                                                 LONG JOHN SILVER’S,
                                                                                                                    AVAILABLE AT
                                                                                                                    A SIGNIFICANT
                                                                                                                  DISCOUNT BELOW
                                                                                                                    REPLACEMENT
                                                                                                                         COST

                                                                                                                    TREMENDOUS
                                                                                                                      VALUE ADD
                                                                                                                    OPPORTUNITY
                                                                                                                    VIA STRATEGIC
                                                                                                                  LONG TERM LEASE-
                                                                                                                  UP, REPOSITIONING
                                                                                                                     OR ADAPTIVE
                                                                                                                         REUSE

CBRE is pleased to present a vacant, free-standing QSR located at 332 West National Road in Englewood, Montgomery County, Ohio (the
“Property”). Formerly occupied by Long John Silver’s, this Property is offered significantly below replacement cost and offers an exceptional owner/
user or investment opportunity with significant value enhancement potential at a significant discount.

The Property is comprised of one, free-standing, single-story building totaling ±1,855 SF. Positioned on ±0.392 acres (17,076 SF), the Property
offers abundant parking with 23 surface spaces and offers 216’ feet of frontage on National Road with 1 curb cut. The Building offers drive-thru
capabilities and offers prominent signage opportunities. The site is improved with an asphalt paved parking lot, concrete sidewalks, exterior pole
lighting, building signage, and landscaping. This former Long John Silver’s is zoned C-3, Community Commercial, allowing for a variety of uses
including retail goods & services. The flexible zoning offers potential investors the ability to acquire a free-standing retail building with significant
value add through long term lease up, adaptive reuse, or repositioning.The Property is positioned as an outparcel to a local service-oriented in-line
retail center with other outparcels including McDonald’s and First Financial.

The Property is located within Montgomery County within the North Dayton Submarket and offers excellent accessibility to the greater Dayton
area via US Route 40 and I-70 (±2.5 miles from the Property). The Property offers excellent visibility and accessibility and is poised to benefit
from approximately ±14,413 vehicles passing the site daily. The Property is located near economic generators including Dayton Metro Library -
Northmont Branch positioned right across the street, Nissin Precision North America (±0.5 mile), YMCA & Sinclair Community College (±1 mile),
Kleptz Early Learning Center (±1.2 miles), Northmont High School (±2 miles) and Caterpillar Logistics Facility (±10-minutes). The Property is
located in a dense residential area and in 2019 had approximately ±52,978 individuals with an average household income of ±$77,029 and a total
annual consumer spending of ±$540M (5-mile).

                                                      ONLINE AUCTION: MAY 11 - 13, 2020
FORMER LONG JOHN SILVER'S - 332 WEST NATIONAL RD, ENGLEWOOD, OH - LoopNet
ABSOLUTE $1 AUCTION
                                                   1 ST BID MEETS RESERVE

ENG LE WOOD, O H (DAY TON M SA )
Montgomery County is situated at the intersection of I-70 and I-75, which gives logistics and distribution        EASILY
companies incredibly fast and convenient access to 61% of the U.S. population, 63% of U.S. manufacturers,      ACCESSIBLE
and 80% of U.S. corporate headquarters, all of which are within a 600-mile radius. Defense, manufacturing,
and healthcare dominate the economy in Dayton.Wright-Patterson Air Force Base is the metro’s largest
                                                                                                             WITHIN DAYTON
employer, with over 30,000 active duty, reserves, and civilian employees, which provides a certain degree    MSA W/ DESIRABLE
of stability and helps to fuel investment in an otherwise stagnant economy. The base continues to             FRONTAGE ON
expand, potentially reaching 33,000 employees in coming years, while awarding substantial contracts to         A MAIN AREA
area companies.                                                                                              THOROUGHFARE
The Property is located in Englewood, Montgomery County, Ohio, within the Dayton Metropolitan
                                                                                                                WITH ±14K
Statistical Area. As of the 2010 census, the population was 535,153, making it the fifth-most populous             VPD
county in Ohio. Englewood, located in northwest Montgomery County, is a thriving community that is
committed to economic development. The city is uniquely located in the Dayton metro area, less than
10 minutes from the Dayton International Airport, and positioned with two direct access points to
Interstate 70, and just 5 miles west of Interstate 75.
                                                                                                              STRATEGICALLY
Englewood has a distinctive history and character proven attractive to small and mid-size employers            POSITIONED
who wish to take advantage of a location in Englewood. With outstanding access, Englewood is ideally
situated for residents and businesses. The city boasts a strong employee base, diverse housing choices,      WITH PROMINENT
numerous parks with outdoor recreational opportunities, and a business-friendly municipal government.            SIGNAGE
Englewood was named best overall community in the Dayton-Springfield metro area, according to Smart          OPPORTUNITIES
Moves™, a computer software product that ranks over 10,000 communities nationwide!                           AND DRIVE-THRU
                                                                                                               CAPABILITIES
The neighborhood where the Property is located is defined as the northern portion of the City of
Englewood, bounded by Sweet Potato Ridge Road on the north, North Diamond Mill Road on the west,
South Main Street on the east, and I-70 on the south. U.S. Route 40 (National Road) runs through the
center of this area in an east/west direction.

                                                      P H I L I P K AT E S                              A D A M S K L AV E R
                                                      T: 305-206-1286                                     T: 954-745-7467
                                                  E: philip.kates@cbre.com                          E: adam.sklaver@cbre.com
FORMER LONG JOHN SILVER'S - 332 WEST NATIONAL RD, ENGLEWOOD, OH - LoopNet
5-M I LE
DE MOG RA PH I C S

© 2019 CBRE, Inc. The information contained in this document has been obtained from sources believed reliable. While CBRE, Inc. does not doubt its accuracy, CBRE,
Inc. has not verified it and makes no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any
projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. The value of this
transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful,
                           independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.
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