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4264 Buckeye Pky
Grove City, OH 43123

$3,083,000 USD

Fast Food For Sale  •  3,027 SF

Property Details

  • Property Type Fast Food
  • Total Building Size 3,027 SF
  • Lot Size 1.16 AC
  • Year Built 2024
  • Cap Rate 6.00 %
  • Zoning C
0 Transit Score
49 Walk Score

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
Cap Rate: 6.00 %

Amenities

  • Restaurant
  • Signage
  • Drive Thru

Public Transportation

AirportDriveWalkDistance
Rickenbacker International 18 min - 11.4 mi
John Glenn Columbus International 23 min - 15.1 mi
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC
Kendall Carlsen 402-730-6021 Commercial Investment Advisors, INC