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Park Center Circle 6090-6126 Parkcenter Cir 22,835 SF 100% Leased 4-Star Retail Building Dublin, OH 43017 $9,321,026 ($408.19/SF) 7% Cap Rate



INVESTMENT HIGHLIGHTS
- Tenant Retention - The average occupancy tenure at the center is 11.3 years.
- Restaurant Users - 72% of the center is occupied by established restaurants with full commercial kitchens giving investors highly sought after suites.
- Immediate Access to and Visibility from I-270 (±108,000+ VPD).
- Credit Tenants - The majority of the rent roll is comprised of national tenants with long-term operating history.
- Panera Bread - This location is the primary catering hub for surrounding corporate office users and Ohio State University population.
- Surrounded by national retailers and QSRs: McDonalds, Chick Fil A, Chipotle, Walmart, Best Buy, Golf Galaxy.
EXECUTIVE SUMMARY
Matt Wallace
License No. REC. 2022007141 (OH)
Matthews™
950 Main Ave Suite 510, Cleveland, OH 44113
(866) 889-0550
PROPERTY FACTS
MAJOR TENANTS
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- Cocockay Bites
- Accommodation and Food Services
- 2,048 SF
- $25.00
- Triple Net
- Jul 2030
IMAGE Studios® is an exclusive salon suite that provides modern, high-end salon studios at affordable rates to salon professionals. Their core values of creativity, freedom and success are the driving forces that empower them collectively and embody all that they do as professionals in this industry. They strive to improve the communities they live in with the creation, support and growth of independent franchisees across the country.
Mi Tradicion is an Authentic Mexican Restaurant. They offer a wide variety of authentic Mexican food that is sure to make you come back again and again. The key to their tasty food is fresh ingredients combined with lots of love. Enjoy the best of Mexican cuisine prepared fresh in their kitchen, seven days a week.
At Nail Spree, they provide the best service with the best prices in Ohio! They carry over 800 colors that include regular polish, gel polish, dipping powder, and acrylic. They also provide services for permanent makeup, eyelash extensions, waxing, and facials! There is always something for you at Nail Spree!
Noodles & Company opened its first restaurant in Denver, Colorado in 1995, offering noodle and pasta dishes with the goal of delivering fresh ingredients and flavors from around the world under one roof -from Pad Thai to Mac & Cheese. The brand was founded on the core principle that good food can be served quickly and conveniently in an inviting atmosphere without sacrificing quality, freshness or flavor, all at a value-oriented price point! Today, Noodles & Company delivers on that core principle across hundreds of restaurants and in dozens of states in the U.S. every bowl, every guest, every time.
Panera began in 1987 as St. Louis Bread Company, a humble community bakery founded with a sourdough starter from San Francisco and a dream of putting a loaf of bread in every arm. While Panera's business has expanded well beyond St. Louis since then, that same sourdough starter is still used in their iconic sourdough bread and the craft of baking bread fresh each day remains at the heart of Panera Bread. Each day their trained bakers fill their bakery shelves with delicious freshly baked cookies, pastries, bagels, and a range of breads from focaccia to classic baguettes. Panera Bread is privately held by JAB Holding Company. Panera Bread is part of Panera Brands, one of the largest fast casual restaurant platforms in the U.S., comprised of Panera Bread®, Caribou Coffee® and Einstein Bros.® Bagels.
Located in the beautiful city of Dublin, Ronin Restaurant has been dedicated to offering the most memorable dining experience for you. They pick ingredients carefully and use only the freshest and natural ones to prepare every dish, and have been trying to cook them in a healthier way to provide the most nutritious food. Much attention has been attached to ensure you a cozy and inviting ambiance where you could enjoy not only the great meal but also the authentic atmosphere.
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| Cocockay Bites | Accommodation and Food Services | 2,048 SF | $25.00 | Triple Net | Jul 2030 | |
|
Services | 5,072 SF | $23.00 | Triple Net | Mar 2034 | |
|
Accommodation and Food Services | 4,664 SF | $24.35 | Triple Net | Dec 2030 | |
|
Services | 1,102 SF | $33.00 | Triple Net | Aug 2029 | |
|
Accommodation and Food Services | 2,957 SF | $37.95 | Triple Net | Dec 2028 | |
|
Accommodation and Food Services | 4,595 SF | $37.50 | Triple Net | Jul 2028 | |
|
Accommodation and Food Services | 1,745 SF | $29.04 | Triple Net | Apr 2027 |
NEARBY MAJOR RETAILERS
PROPERTY TAXES
| Parcel Number | 010-231221 | Improvements Assessment | $898,840 |
| Land Assessment | $800,520 | Total Assessment | $1,699,360 |
PROPERTY TAXES
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Park Center Circle | 6090-6126 Parkcenter Cir
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