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Views: 124 DOM: 424 Updated: 09.10.24 Posted: 07.20.23 Status: Active

Summary

Price $2,115,408
Built/Renov 2002
Tenant National Tire & Battery
Cap Rate 6.25%
Lease Type Abs NNN
Guarantor Corporate
Size/SF 6,672
Lease Start 02-28-2003
#Units 392
Price/SF $317.06
Expiration 02-28-2028
Tenant Type Automotive
NOI $132,213
R. Term 3.5
Ownership Fee Simple
Rent/SF $19.82
Increases 10.0%/4/yrs
Pop 5Mi 369,153
Lot/AC 1.00
Options 3/5yrs/10%
AHHI 5Mi $70,227

Lease Highlights

  • National Tire & Battery has a 20+ year operating history at this location
  • Property is equipped with 7 Bays
  • Tenant has 4+ years remaining in primary term with 3 (5-year) options to extend
  • Absolute NNN | Zero landlord responsibilities
  • Lease guaranteed by TBC Corporation

Location Description

National Tire & Battery is situated on Silver Drive, directly off Highway-71 with access to more than 148,600 vehicles passing per day. The subject property is within close proximity to major national retailers including Lowe’s, Dollar Tree and Aldi. It is also near the Historic Crew Stadium, Ohio History Center and the Ohio Expo Center. The site is approximately 1.7 miles from Ohio State...

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Maps

  • 1 Mile
  • 3 Miles
  • 5 Miles

Tenant

About Tenant

National Tire and Battery (NTB) is an American brand of auto service centers. NTB specializes in fluid services (oil, brake, coolant and transmission), battery services, brake services, steering &...


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Demographics

  1 Miles 3 Miles 5 Miles
2028 Total Population : 28,630 172,870 398,006
2023 Total Population : 28,785 169,019 384,454
2023 Employed Civilian Pop : 15,261 89,652 204,731
2023 Total Businesses : 435 5,151 15,944
2023 Average Household Income : $ 60,248 $ 77,049 $ 91,882
2023 Total Consumer Spending : $ 584 M $ 4844 M $ 13283 M
2023 Median Age : 24 28 32
2023 Total Households : 10,962 71,765 165,810
2023 Pop Age 25+: Bachelor's Degree : 3,444 27,883 72,010
2023 Average Home Value : $ 204,181 $ 273,597 $ 330,498
*ESRI data is presented for informational purposes only

Traffic

Collection Street Cross Street Year Traffic Vol Distance
RAMP FROM HUDSON ST TO IR71 SB E Hudson St 2021 4,481 0.05 mi
RAMP FROM IR71 NB TO HUDSON ST E Hudson St 2021 6,722 0.09 mi
I- 71 E Hudson St 2003 138,150 0.11 mi
Silver Dr E Hudson St 2012 9,233 0.12 mi
E Hudson St Beulah Rd 2019 20,765 0.14 mi
E Hudson St Beulah Rd 2019 16,440 0.15 mi
E Hudson St I- 71 2012 14,936 0.15 mi
E Hudson St Silver Dr 2014 24,273 0.17 mi
Silver Dr E Hudson St 2012 7,602 0.18 mi
I 71 E Maynard Ave 2021 133,725 0.19 mi

Listing Broker

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