Roosters is planning to open a restaurant in Miami Twp., with plans to replace another nearby location.
A limited liability company affiliated with the casual dining chain bought a restaurant property at 9400 Springboro Pike, which was formerly home to Caddy’s Tap House.
Officials with Roosters couldn’t be immediately reached for comment.
Tracey Herron, with Equity Inc., who represented Roosters in the real estate deal, said the location will replace its smaller leased store at 103 N. Springboro Pike near the Dayton Mall.
The 8,500-square-foot restaurant is near the Interstate 75 and 675 interchange.
Roosters Real Estate LLC bought the property for $1.7 million in a sale recorded Dec. 1 by Montgomery County.
Caddy’s shut down its restaurant and bar at the location in May due to poor performance, the restaurant owner said at the time.
A marketing flyer by Oberer Realty, which had been listing the property for sale, stated about 54,832 people live within three miles of the restaurant with an average household income of $79,657.