1590 Georgesville Sq - Restaurant FOR SALE
Columbus, OH 43228 |
1590 Georgesville Sq
Columbus, OH 43228
HIGHLIGHTS
- Destination retail hub - situated in Georgesville Square, a major shopping center anchored by Lowe’s, Kroger and AutoBoutique
- Lease guaranteed by 2nd largest Applebee’s franchisee RMH Franchise Holdings, Inc. - 130+ locations in 14 states
- Located just off the Interstate 270 interchange with visibility along Georgesville Road with over 34,000 vehicles per day
- Absolute NNN with no landlord maintenance responsibilities
- 10% rent increases every 5 years that continue through each four, five-year option periods
- Low rent-to-sales ratio
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
Applebee's | Abs NNN | 11+ Yrs | 6.39% Cap
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Restaurant
TOTAL BUILDING SIZE
5021
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
80
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
010-240806
