775 Hebron Rd - Restaurant FOR SALE


Heath, OH 43056
$3,000,000 USD
781-776-4003
775 Hebron Rd, Heath, OH for Sale
$3,000,000 USD
Restaurant - FOR SALE
1/7
null | 4.5% Cap Rate

775 Hebron Rd
Heath, OH 43056


HIGHLIGHTS

  • BEST-IN-CLASS TENANT
  • NEW CONSTRUCTION GROUND LEASE
  • PRIME RETAIL LOCATION
  • STRONG DEMOGRAPHICS
  • EXCEPTIONAL TRAFFIC COUNTS
  • ATTRACTIVE RENT INCREASES

OVERVIEW

Horvath & Tremblay is pleased to present the exclusive opportunity to purchase a new construction Chick-fil-A located at 775 Hebron Road in Heath, Ohio (the “Property”). The new construction free-standing single tenant Chick-fil-A consists of a 5,218 square foot building with a dual-lane drive thru. Chick-fil-A has a new 15-year Absolute NNN Ground Lease with twelve (12), 5-year renewal options. The lease calls for attractive 7.5% rent increases every five years throughout the base term and renewal options. The Property is currently under construction and has an anticipated rent commencement date of September 1, 2026. The new construction Chick-fil-A occupies a highly visible position along Hebron Road (OH Route 79), one of the region’s most heavily traveled retail and commuter thoroughfares. Positioned within the heart of Heath’s premier commercial district, the Property benefits from outstanding exposure, ample frontage, and easy ingress and egress. The surrounding trade area is anchored by Indian Mound Mall and features a strong concentration of national retailers, including Target, Walmart Supercenter, leading grocery operators, and numerous dining and service establishments that generate significant daily traffic. The Property is further supported by a large residential population, nearby schools, and Licking Memorial Hospital, providing a consistent stream of local consumers. Additionally, convenient access to OH Route 16, US Route 40, and Interstate 70 connect the site to Newark, Columbus, and the broader Central Ohio region, enhancing its accessibility and regional draw.

FOR SALE DETAILS

PRICE

$3,000,000 USD

PRICE/SF

$654 USD /SF

CAP RATE

4.5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Chick-Fil-A

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2026

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

2.46 AC

LAND SF

107,158 SF

ZONING

Restaurant Building

APN/PARCEL ID

030-088830-00.000

ASK ABOUT THIS PROPERTY

Robert HorvathHorvath & TremblayMore Info
781-776-4003

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Robert HorvathHorvath & TremblayMore Info
781-776-4003

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