4264 Buckeye Pky - Fast Food FOR SALE
Grove City, OH 43123 |
4264 Buckeye Pky
Grove City, OH 43123
HIGHLIGHTS
- LONG -TERM LEASE - Brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years with four 5-year options to renew.
- OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants
- 6th largest Freddy’s franchisee in the U.S
- New, build-to-suit of Freddy’s latest prototype with Brick Construction with an impressive 16-car stack in drive-thru - slated to open December 2024
- HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.158-acre lot, pad site to Target & Hobby Lobby Shopping Center
- 2024 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 134,210 | Average Household Income (1-MI): $118,064
FOR SALE DETAILS
PRICE
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CAP RATE
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% LEASED
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TENANCY
-
BUILDING DETAILS
PROPERTY NAME
FREDDY'S (69 UNIT GUARANTY) - GROVE CITY, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Restaurant, Storefront
TOTAL BUILDING SIZE
3027
STORIES
1
YEAR BUILT
2024
SPRINKLERS
-
PARKING SPACES
20
LAND DETAILS
LAND ACRES
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LAND SF
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ZONING
-
APN/PARCEL ID
040-017502
