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- LoopNet Team
1080 Hill Rd N
Pickerington, OH 43147
Burger King - Pickerington · Retail Property For Sale
Property Facts
Amenities
- Drive Thru
About 1080 HILL RD N , PICKERINGTON, OH 43147
Corporate Ground Lease This corporate ground lease with Burger King Corporation has ten (10) years remaining on its lease term, with two (2) five (5) year options to renew. National Tenant With Long Historical Tenancy Burger King Corporation, with over 15,000 locations across the world and $4.05 billion in revenue, has successfully operated at this location for 30 years. Significant Rent Increases The lease features a 12% increase in 2021, as well as in each of the two 5-year renewal options. Outparcel Enjoys Excellent Frontage Burger King enjoys excellent frontage on highly trafficked SR-256 (32,716 ADT). Strong Retail Corridor Situated in front of Pickerington Square, a 105,511 square foot shopping center that was recently expanded and redeveloped and is anchored by Giant Eagle. Superior Demographics Within one mile of the property, the estimated average household income is $101,075 and total annual retail expenditures exceed $90 million. Highly Trafficked Area SR-256/Hill Road - 32,716 ADT Refugee Road. - 13,215 ADT
Property Taxes
| Parcel Number | 04-11189-100 | Improvements Assessment | $312,900 |
| Land Assessment | $147,340 | Total Assessment | $460,240 |
Property Taxes
