1719 Hilliard Rome rd - Fast Food FOR SALE
Hilliard, OH 43026 |
$3,083,000 USD
602-770-7145
1719 Hilliard Rome rd
Hilliard, OH 43026
HIGHLIGHTS
- LONG -TERM LEASE - Brand new 20-year Absolute NNN lease with attractive 7.50% 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 an impressive 15-car stack in drive-thru - slated to open January 2025
- HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.00-acre lot, pad site to Sam’s Club, just west of Hilliard Rome Rd
- 2023 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 110,070 | Average Household Income (1-MI): $147,126
FOR SALE DETAILS
PRICE
$3,083,000 USD
PRICE/SF
$1,063 USD /SF
CAP RATE
6%
% LEASED
-
TENANCY
Single
STATUS
Under Construction
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
FREDDY'S - (69 UNIT GUARNATY) HILLIARD, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Bank, Freestanding, Restaurant
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2025
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
1 AC
LAND SF
43,560 SF
ZONING
C
APN/PARCEL ID
-
ASK ABOUT THIS PROPERTY
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602-770-7145
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602-770-7145
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