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4264 Buckeye Pky
Grove City, OH 43123
FREDDY'S (69 UNIT GUARANTY) - GROVE CITY, OH · Retail Property For Sale
Investment Highlights
- LONG -TERM LEASE - Brand new 20-year Absolute NNN lease with attractive 7% rental escalations every 5 years with four 5-year options to renew.
- 6th largest Freddy’s franchisee in the U.S
- HIGH TRAFFIC COUNTS/VISIBILITY - Positioned on a large ±1.158-acre lot, pad site to Target & Hobby Lobby Shopping Center
- OPERATOR | TENANT - Ram-Z Custard, LLC owns & operates 69 locations, which include 34 Freddy’s restaurants
- New, build-to-suit of Freddy’s latest prototype with Brick Construction with an impressive 16-car stack in drive-thru - slated to open December 2024
- 2024 VERY AFFLUENT DEMOGRAPHICS: Total Population (5-MI): 134,210 | Average Household Income (1-MI): $118,064
Property Facts
Property Type
Retail
Property Subtype
Building Size
3,027 SF
Building Class
C
Year Built
2024
Tenancy
Single
Building Height
1 Story
Building FAR
0.06
Lot Size
1.17 AC
Zoning
C
Parking
20 Spaces (4.92 Spaces per 1,000 SF Leased)
Frontage
342’ on Buckeye Parkway
Amenities
- Restaurant
- Signage
- Drive Thru
Property Taxes
| Parcel Number | 040-017502 | Improvements Assessment | $0 |
| Land Assessment | $247,170 | Total Assessment | $247,170 |
Property Taxes
Parcel Number
040-017502
Land Assessment
$247,170
Improvements Assessment
$0
Total Assessment
$247,170
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