The Snyder Carlton National Net Lease Team is pleased to offer to investors an excellent opportunity to acquire the single tenant absolute NNN leased Huey Magoo’s in Circleville, OH. The rapidly expanding brand has over 64 locations across 12 states, was voted best fried chicken in Florida by Yahoo, and was named in QSR magazine as “10 Hot Concepts Coming for the Chicken Crown”. The new 20-year absolute triple net lease includes four 5-year option periods, 8% rental increases and zero landlord responsibilities providing inflation resistant cash flows for a passive investor.
The 2,418 SF QSR building with drive-thru on large 1.13-acre parcel is strategically located on the hard corner signalized intersection of US-23 and Court Street Connector which sees over 29,000 VPD and benefits from excellent visibility and access. Nearby retailers include Walmart Supercenter, Tractor Supply, ALDI, Harbor Freight Tools, McDonald’s, Chipotle, O’Reilly Auto Parts, Sheetz and more.