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| Price $1,000,000 | Built/Renov 2023 | Tenant Budget Car and Truck Rental |
| Cap Rate 7.00% | Lease Type
Abs NNN | Guarantor Corp T and Rated |
| Size/SF
1,506
| Lease Start
12-01-2023
| #Units
3,735
|
| Price/SF $664.01 | Expiration
12-01-2033
| Tenant Type Automotive |
| NOI $70,000 | R. Term 8.11 | Ownership Fee Simple |
| Rent/SF
$46.48
| Increases 5.0%/5/yrs | Pop 5Mi 170,572 |
| Lot/AC 0.82 | Options 2/5yrs/10% | AHHI 5Mi $80,495 |
| | |
Budget Car and Truck Rental is strategically located on East Kellogg Drive/U.S. Route 400, boasting excellent frontage and accessibility, with access to 45,900 vehicles passing by daily. Positioned within a dense retail corridor, the property is across from Towne East Square shopping mall and is surrounded by well-known national tenants, including ALDI, At Home, Burlington, and more....
...New construction
Dense retail corridor
Near major nationals
Highway location
Top 100 MSA
Brand new lease
Absolute NNN
Long 10+ yr lease
Traded and rated company
Corporate Guarantee
Budget Car and Truck Rental (“Budget”) is an American car rental company, with rental locations primarily located in North America, Europe, and the Australasia region. Budget was founded in 1958...
| 1 Miles | 3 Miles | 5 Miles | |
| 2028 Total Population : | 10,527 | 78,307 | 170,882 |
| 2023 Total Population : | 10,526 | 78,374 | 169,898 |
| 2023 Employed Civilian Pop : | 5,439 | 38,722 | 80,329 |
| 2023 Total Businesses : | 613 | 3,366 | 7,367 |
| 2023 Average Household Income : | $ 82,706 | $ 85,618 | $ 82,455 |
| 2023 Total Consumer Spending : | $ 330 M | $ 2457 M | $ 4959 M |
| 2023 Median Age : | 34 | 36 | 35 |
| 2023 Total Households : | 4,583 | 33,020 | 69,175 |
| 2023 Pop Age 25+: Bachelor's Degree : | 1,877 | 12,689 | 25,290 |
| 2023 Average Home Value : | $ 213,531 | $ 255,971 | $ 247,840 |
| Collection Street | Cross Street | Year | Traffic Vol | Distance |
| E Kellogg St | E Kellogg Dr S | 2000 | 34,067 | 0.05 mi |
| Calhoun St | 2021 | 3,605 | 0.07 mi | |
| E Kellogg Dr N | Heather St | 2018 | 45,900 | 0.07 mi |
| S Webb Rd | 2021 | 2,805 | 0.10 mi | |
| E Kellogg Dr N | Heather St | 2018 | 3,605 | 0.10 mi |
| US 54;US 400 | N 2nd Ave | 2021 | 47,953 | 0.14 mi |
| E Kellogg Dr N | 2011 | 30,251 | 0.16 mi | |
| East Kellogg Drive North | S Mansfield | 2018 | 45,900 | 0.18 mi |
| E Kellogg Dr S | 2013 | 27,994 | 0.19 mi | |
| N 2nd Ave | 2013 | 4,479 | 0.20 mi |
Mansfield, OH
Cap Rate 7.25%
Lease NN+
R. Term 5.20 yrs
Size/SF 8,304
Cicero, IL
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Sault Ste. Marie, MI
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Perry, GA
Cap Rate 7.75%
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Oak Lawn, IL
Cap Rate 6.25%
Lease Abs NNN
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Jamestown, TN
Cap Rate 6.25%
Lease Abs NNN
R. Term 12.10 yrs
Size/SF 2,200
Address: 929 Alton Road, Suite 500
Miami Beach, FL 33139
Telephone: (305) 977-7700
E-mail: [email protected]
