5900 Groveport Rd - Fast Food FOR SALE
Groveport, OH 43125 |
$1,875,000 USD
513-325-8682
5900 Groveport Rd
Groveport, OH 43125
HIGHLIGHTS
- 3,145 SF Built to Suit Wendy’s Restaurant, Situated on a +/-1.82-Acre Parcel | Remodeled in 2021 to Wendy’s Smart Design Prototype
- 1+ Year Remaining on a Corporately Guaranteed Absolute Net Lease With Four, 5-Year Renewal Options | 7% Rental Increases In Each Option
- Large 1.82-Acre, Signalized Corner Lot | Additional Truck/Trailer Parking at Rear of Property
- Adjacent to Multiple National Retail Tenants Including Kroger, Dollar General, Dairy Queen, USPS, Advance Auto, Starbucks and More
- Hard, Signalized Corner Location With Lighted Signage & High Visibility From Both Groveport Road(8,900+ VPD) and OH-317 (15,500+ VPD)
- Located in an Extremely Dense Industrial and Logistics Hub Adjacent to Rickenbacker International Airport With Easy Access to Interstate 270
FOR SALE DETAILS
PRICE
$1,875,000 USD
PRICE/SF
$599 USD /SF
CAP RATE
8.01%
% LEASED
-
TENANCY
Single
SALE TYPE
Investment
BUILDING DETAILS
PROPERTY NAME
Wendy's(Corp.) | 2021 Renovation | Short Term
PROPERTY TYPE
Retail
PROPERTY SUBTYPE
Fast Food
TOTAL BUILDING SIZE
-
STORIES
1
YEAR BUILT
2001
SPRINKLERS
-
PARKING SPACES
44
LAND DETAILS
LAND ACRES
1.82 AC
LAND SF
79,149 SF
ZONING
-
APN/PARCEL ID
185-002390
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513-325-8682
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513-325-8682
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