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Views: 61 DOM: 277 Updated: 07.24.24 Posted: 12.14.23 Status: Active

Summary

Price $925,034
Built/Renov 1980
Tenant Lion's Den
Cap Rate 7.25%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 3,520
Lease Start 06-01-2024
#Units 47
Price/SF $262.79
Expiration 05-31-2044
Tenant Type General Retail
NOI $67,065
R. Term 19.8
Ownership Fee Simple
Rent/SF $19.05
Increases 2.0%/1/yrs
Pop 5Mi 1,890
Lot/AC 13.82
Options 2/5yrs/2%
AHHI 5Mi $74,593

Lease Highlights

  • Lion’s Den will be signing a brand new 20-year lease with 1 (5-year) and 1 (4 year, 11 months) options to extend at the close of escrow
  • Lease features 2% annual rental increase throughout the initial term and each option
  • Absolute NNN | Zero landlord responsibilities
  • Corporate guaranteed lease

Location Description

This 3,520 square foot Lion's Den is strategically located on 13.82 acres along Batesville Rd., with immediate access and visibility to Interstate 70, providing a significant daily traffic count. The site benefits from 1,890 residents, earning an average household income of $74,593 within a 5-mile radius. Quaker City is a village in Guernsey County, in the eastern part of Ohio. The population...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

  • Tenant: Lion's Den
  • Guarantor:Corporate
  • Company:LD Management Company
  • # Units:47
  • Stock:Private

About Tenant

Lion’s Den is a family-owned chain of specialty shops offering adult products including pleasure tools, apparel, literature, adult arcades and more. Founded in 1971 in Columbus Ohio, the company...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 94 711 1,885
2023 Total Population : 95 714 1,890
2023 Employed Civilian Pop : 32 239 669
2023 Total Businesses : 8 17 29
2023 Average Household Income : $ 64,136 $ 66,256 $ 74,593
2023 Total Consumer Spending : $ 1 M $ 14 M $ 48 M
2023 Median Age : 42 40 42
2023 Total Households : 24 250 727
2023 Pop Age 25+: Bachelor's Degree : 6 44 126
2023 Average Home Value : $ 354,412 $ 249,223 $ 255,703
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
RAMP FROM IR70 EB TO SR513 Pike St 2021 864 0.11 mi
Pike St I- 70 2002 900 0.14 mi
RAMP FROM SR513 TO IR70 EB I- 70 2021 866 0.17 mi
RAMP FROM SR513 TO IR70 WB Twp Hwy 9609 2021 1,013 0.18 mi
Batesville Road Bridgewater Rd 2021 931 0.19 mi
RAMP FROM IR70 WB TO SR513 Pike St 2021 861 0.20 mi
Bridgewater Road Archer Ln 2021 713 1.43 mi
Pisgah Road Morris Ln 2021 170 1.76 mi
Pisgah Road Jersey Ct 2021 71 1.82 mi
I 70;US 40 Pisgah Rd 2021 29,027 1.91 mi

Listing Broker

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