24599 Us Highway 23 S - Fast Food FOR SALE
Circleville, OH 43113 |
$660,000 USD
843-510-0551
24599 Us Highway 23 S
Circleville, OH 43113
HIGHLIGHTS
- Corporate Guaranteed Ground Lease With (5) 1-Year Options Remaining
- White Castle Has Demonstrated a Long-Term Commitment to This Location, Operating Here Continuously Since 1999
- The Property is Ideally Positioned on US-23, a High-Traffic Corridor With Over 29,000 VPD, Ensuring Excellent Visibility and Accessibility
- White Castle Has Over 345 Locations in 13 States
- Circleville, Ohio is Part of the Columbus MSA, With a Population of Over 20,000 Residents in a 5-Mile Radius
- White Castle Was Founded in 1921 as America's First Fast- Food Hamburger Chain Based in Columbus, Ohio and Has Been in Business For More Than 98 Years
OVERVIEW
Sands Investment Group is Pleased to Exclusively Offer For Sale the 2,200 SF White Castle Located at 24599 US Highway 23 South in Circleville, OH. This Deal Includes a Corporate Guaranteed Ground Lease With (5) 1-Year Options Remaining, Providing For a Secured Investment.
In Cooperation With ParaSell, Inc., A Licensed Ohio Broker - Lic. #REC.2020005946 BoR: Scott Reid - Lic. OH #BRKP.2020001224
FOR SALE DETAILS
PRICE
$660,000 USD
PRICE/SF
$328 USD /SF
CAP RATE
6.06%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
White Castle - Circleville, OH
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
ADD'L SUBTYPES
Restaurant, Storefront, Storefront Retail/Office
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
1999
SPRINKLERS
-
PARKING SPACES
-
LAND DETAILS
LAND ACRES
0.58 AC
LAND SF
25,308 SF
ZONING
-
APN/PARCEL ID
A34-0-001-00-299-03
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843-510-0551
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