$2,108,000 USD
614-404-8901
2986 London Groveport Rd
Grove City, OH 43123
Outer Greater Hilltop
HIGHLIGHTS
- Corporate Arby’s Lease – Established National Brand – Corporate Guaranteed QSR
- Absolute NNN Lease – Passive Ownership – Scheduled Rent Increases
- High-Performing Location – Ranked in the Top 38% for Arby’s Nationwide and Top 15% in Ohio (Placer.ai)
- High-Density Retail Corridor Along London Groveport Road – Dominant Grove City Node – Anchors, Hospitals & Schools
- Strong Growth in Columbus MSA – 2.2M+ Residents, $182B GDP
OVERVIEW
Lee & Associates is pleased to exclusively offer for sale the fee simple interest in a corporate Arby’s located at 2986 London Groveport Road in Grove City, Ohio, within the Columbus MSA. The property consists of a 3,057-square-foot standalone quick-service restaurant with a drive-thru situated on approximately 0.98 acres. The property is leased to RTM Operating Company, LLC and backed by a corporate guaranty from Arby’s Restaurant Group, Inc. under an absolute net lease with no landlord responsibilities.
FOR SALE DETAILS
PRICE
$2,108,000 USD
PRICE/SF
$690 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Arby's
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Freestanding, Restaurant, undefined
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2000
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.98 AC
LAND SF
42,602 SF
ZONING
-
APN/PARCEL ID
040-010336
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614-404-8901
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614-404-8901
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