5499 Ten Pin Aly - Bowling Alley FOR SALE


Hilliard, OH 43026
$6,857,143 USD
858-373-3184
5499 Ten Pin Aly, Hilliard, OH for Sale
$6,857,143 USD
Bowling Alley - FOR SALE
1/12
null | 7% Cap Rate

5499 Ten Pin Aly
Hilliard, OH 43026


HIGHLIGHTS

  • Corporate Backed Absolute Net Lease Featuring a 10% Rental Increase in 2029 and at Each Option. Free Standing Single Tenant Building.
  • Ten Pin Alley is a Premier Destination for Bowling and Families Alike. 20+ Year Operating History and Low Rent.
  • Single tenant absolute NNN lease.Bowlero Corp. (NYSE: BOWL) is the Largest Bowling Operator in the World with a Diverse Portfolio of 350 Locations.
  • Densely Populated and Affluent Area: Average Household Income of $121k+ w/in a 3-Mile Radius and 151k+ People Residing w/in a 5-Mile Radius.
  • Immediate Area Experiencing Major Growth: Located in a Rapidly Growing Community with Robust Demographics.
  • Located in a Prime Commercial Area, this Property Offers Excellent Visibility and Accessibility.

OVERVIEW

Bowlero (NYSE: BOWL) | Absolute Net Lease | Largest Bowling Operator in the World | Minutes from The Ohio State University | Near 105k Sq.Ft. Recreation and Wellness Campus Development | Densely Populated and Affluent Area | Immediate Area Experiencing Major Growth

FOR SALE DETAILS

PRICE

$6,857,143 USD

PRICE/SF

$209 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

BOWLERO (NYSE: BOWL) | ABSOLUTE NET LEASE

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Bowling Alley

ADD'L SUBTYPES

Freestanding, Restaurant, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1961

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

3.56 AC

LAND SF

155,074 SF

ZONING

C

APN/PARCEL ID

050-001540,050-002092,050-002100

ASK ABOUT THIS PROPERTY

Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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Alvin MansourThe Mansour Group of Marcus & MillichapMore Info
858-373-3184

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