10085 Outville Rd - Service Station FOR SALE


Kirkersville, OH 43033
$11,595,479 USD
937-829-1750
10085 Outville Rd, Kirkersville, OH for Sale
$11,595,479 USD
Service Station - FOR SALE
1/5
null | 5.35% Cap Rate

10085 Outville Rd
Kirkersville, OH 43033


HIGHLIGHTS

  • 24-Hr Store, Brand New Construction, 15-Years Absolute Net Lease with 10% Rental Escalations Every 5-Years, 24-Hour Store, I-70 Location 64,712 VPD
  • High Demand Location Directly Across Interstate from 95th Percentile Pilot Flying J Ranked 3,361 of All 75,700 Gas/C-Stores Nationwide (placer.ai)
  • Close Proximity to Numerous Warehouse and Distribution Facilities such as Amazon, FedEx, DHL, Uline, and many more (See Map P. 6)
  • Columbus is a Major Logistics Hub Within a One Day's Drive of 60% of the U.S. Population and 50% of the Canadian Population; Dedicated Cargo Airport
  • Fee Simple Ownership; Bonus Depreciation!
  • Huge 9.12-Acre Parcel

OVERVIEW

Perfect, passive, S&P A-/Stable Institutional Credit. 10% escalations every 5-years. The subject property opened at the end of September. For Q4 of operation, Placer.ai ranks the property in the 70th percentile for number of visits for all c-stores nationwide. Speedway is, by far, the predominant gas/c-store brand in Ohio. There are approximately eighty (80) 7-Eleven Speedway locations in the Columbus area, but only 7 other strategically located 7FLEET Diesel Network locations (see maps in OM, page 5). 24-Hour store, interstate location. Booming Columbus, OH is a major, global logistics hub. See logistics aerial on page 6 of OM.

FOR SALE DETAILS

PRICE

$11,595,479 USD

PRICE/SF

$2,159 USD /SF

CAP RATE

5.35%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

7-Eleven, Inc. HIGH DEMAND LOCATION

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

ADD'L SUBTYPES

Convenience Store, Restaurant, Truck Stop

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2025

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

9.12 AC

LAND SF

397,267 SF

ZONING

-

APN/PARCEL ID

026-080082-00.005

ASK ABOUT THIS PROPERTY

Lisa SickingerMarcus & MillichapMore Info
937-829-1750

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Lisa SickingerMarcus & MillichapMore Info
937-829-1750

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.