Corporate NTB Prime Location
8,275 SF | Retail Building | Reynoldsburg, OH 43068 | $3,780,000 ($457/SF) | 5.25% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $3,780,000
- Property Type
-
Retail, Restaurant
- Square Feet
- 8,275 SF
- Price / Square Foot
- $457
Listing Contacts
Robert Gamzeh
Verified Profile
- Property Info
Property Overview
Investment Highlights
• Long term lease 13.5 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 Corporation.
• 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, PNC Bank, and many more
Property Summary
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 about 13.5 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.
• Long term lease 13.5 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 Corporation.
• 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, PNC Bank, and many more
Property Summary
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 about 13.5 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.
Property Details
- Class
- B
- Year Built
- 2013
- Stories
- 1
- Property Subtype
- Vehicle Related, Freestanding
- Lot Size (sq. ft)
- 77,101 SF
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