Absolute NNN Ground Lease For Sale

This is an Absolute NNN Ground Lease. An i nvestment opportunity with zero landlord responsibilities. The property was improved in 2015 with a 3,995± square foot retail building situated on 1.4± acres. It is currently occupied by Panera Bread with a 10-year initial term and three 5-year options with rate increases.

Property Type: Commercial-Other
Property Use: Net Leased Property
Year Built: 2015
Level Number: 1
Average Floor Size: 3,995
Available Floors: 1
Max Continuous Area: 3,995
Min Divisible Area: 3,995
Sub-Lease: 1
Zoning: B-3 Community Business Dist.
Listing ID: LXFZ8X
Style: Other Style
Building Size: 3,995 SF
Lot Size: 1.4 AC
Available Date: Nov 6th, 2018

Property Highlights

Investment Opportunity with Zero Landlord Responsibilities

3,995± square feet situated on 1.4± acres

Located on main east/west corridor of SR 36/37

Area Description

Area Description: The property sits on main east/west corridor of SR 36/37 surrounded by rooftops. Area tenants include Ace Hardware, Planet Fitness, First Commonwealth Bank and LifePoInt Church. It is 0.5± miles to OhioHealth Grady Memorial Hospital and Ohio Wesleyan University is 2± miles away. There are Average Daily Traffic Volumes of 13-16K on W Central Avenue.

Region: Northwest

Region: Midwest United States

Region: Central

Region: North America

Property Features
Parking Ratio: 15.77
Parking Places: 63
Location Name: Delaware, Ohio
Exterior: Sidewalk
Exterior Description: Stone, Brick
Lot Description: Corner, Access Type - Road
Age: 1-5 Years Old
Cooling: Central A/C
Sewer: City
Lot Size: 1-2 Acres
Water: City Water
Road Type: State Road
Additional Media Area Demographics