3636 W Broad St
Columbus, OH 43228
Retail Property For Sale

McDonalds: 7 Miles to Ohio State Campus | 2032 Exp Marcus & Millichap, on behalf of ownership as its exclusive advisor, is pleased to bring to market a McDonald' s ground-lease in Columbus, Ohio. This established McDonald' s has been operating for over 25 years (since 1988) and is leased into 2032 by the McDonald' s Corporation. There are 12.5 percent rent steps effective in 2022 and 2027 and with the four five-year options, providing meaningful rent growth over the holding period. McDonald' s Corporation razed their prior structure and re-built a new 4,000-square foot freestanding building in 2012 showing their dedication to the site. As an absolute net ground lease there are zero landlord responsibilities. This McDonald' s benefits from it' s location as an outparcel for Consumer Square West. Consumer Square West is anchored by a 64,587-square foot Kroger, which recently added fuel, and also features major tenants including Bargain Hunt, Planet Fitness, Rainbow, Shoe Show, Chuck E Cheese' s, Waterbeds N Stuff, and Dollar Tree. McDonald' s is located in a dense infill area with 8,539 residents living within a one mile radius. Additionally, there are 107,971 people currently residing within three miles of the property and 250,005 people residing within a five mile radius. The average household income in five miles is $61,985 and traffic counts are strong, with 27,534 cars per day on West Broad Street, directly in front of the property. Interstate 270 is one mile west of the property, with 103,655 cars per day. McDonald' s is located across the street from Hollywood Casino, Columbus' only full-service casino with table games. Hollywood Casino opened in 2012 and sees approximately 10,000 daily visitors, for a total of over 3.6 million visitors annually.