8160 E Broad St - Auto Repair FOR SALE


Reynoldsburg, OH 43068
$3,969,000 USD
202-361-3050
8160 E Broad St, Reynoldsburg, OH for Sale
$3,969,000 USD
Auto Repair - FOR SALE
1/3
null | 5% Cap Rate

8160 E Broad St
Reynoldsburg, OH 43068


HIGHLIGHTS

  • Long term lease 12.7 Years remaining
  • Corporately Guaranteed Lease—U.S. parent company guaran tee from TBC Corporation plus a guarantee from Sumitomo of America, the parent of TBC Corpora
  • Absolute NNN Lease
  • Strong Demographics with 138,490+ population in a 5 mile radius, and a $93,164 Average Household Income in a 3 mile radius
  • 3 – 5 Year Renewals Options
  • Dense Retail Corridor, nearby tenants include Target, Meijer, Lowe’s, Aldi’s, Sheetz, T. J. Maxx, Starbucks, Panda Express , Burger King, Chase Bank

OVERVIEW

Triple Net Investment Group is proud to present the NTB - National Tire & Battery located on 8160 E Broad St, Reynoldsburg, OH. The tenant NTB initially signed a 25 year NNN lease which commenced on April 2013, leaving over 12.7 years remaining on the lease. The NTB property is situated on 1.77+ Acres of land and has a building size of 7,298+ Sq ft. This location features strong demographics with an estimate of 138,490 population, 55,255 Household count, and an Average Household income of $90,516 - all in a 5 mile radius. This dense retail corridor has many national tenants such as Target, Meijer, Lowe’s, Aldi’s, Sheetz, T. J. Maxx, Starbucks, Panda Express , Burger King, Chase Bank, PNC Bank, and many more. In association with OH Broker of records: Dan Cooper of Cooper Commercial Investment Group

FOR SALE DETAILS

PRICE

$3,969,000 USD

PRICE/SF

$480 USD /SF

CAP RATE

5%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Corporate NTB Prime Location

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Auto Repair

ADD'L SUBTYPES

Freestanding, Service Station, Storefront

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2013

SPRINKLERS

-

PARKING SPACES

24

LAND DETAILS

LAND ACRES

1.77 AC

LAND SF

77,101 SF

ZONING

C

APN/PARCEL ID

515-275822

ASK ABOUT THIS PROPERTY

Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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Robert GamzehTriple Net Investment Group Inc.More Info
202-361-3050

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