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7309 State Route 37
Sunbury, OH 43074

Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Fast Food
Building Size
2,716 SF
Building Class
B
Year Built/Renovated
1999/2017
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.05
Lot Size
1.19 AC
Frontage
192 FT on State Route 37

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

About 7309 State Route 37 , Sunbury, OH 43074

KFC has a new 20 year Absolute NNN lease with 5% rental escalations every 5 years with two 5 year renewal options. The tenant, KPB Foods, is the largest KFC franchisee in the US operating 581 locations in 23 states and will generate sales in excess of $650 Million in 2018! This location has been open and operating with an attractive 8.36% rent-to-sales ratio. This KFC is situated on a large 1.198 acre parcel and was fully renovated in 2017 to the latest “American Showman Prototype” costing the tenant an estimated $200,000. KFC is located in Sunbury, Ohio, on the main east/west thoroughfare just off of I-71 with high drive-by visibility. The subject location in less than half a mile from Tanger Outlets Columbus (a 355,000 SF outlet shopping center that sits on 56 acres with anchored by Gap Store, Nike, Old Navy, Polo Ralph Lauren, & Under Armour, with national retailers such as ASICS Sportswear, Banana Republic, Calvin Klein, Christopher & Banks, Clarks Shoes, Coach Store, Cole Haan, Columbia Sportswear, Converse, J.Crew, Kate Spade Store, Kirkland’s, Lane Bryant, Lee/Wrangler, Levi’s, Michael Kors, Samsonite, Skechers, Sperry Shoes, Sunglass Hut, Talbots, The North Face, Tommy Hilfiger, Victoria Secret, etc. *In Association With Ohio Local Broker: Weade Realtors & Auctioneers, LLC

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
417-220-02-029-000
Land Assessment
$131,500
Improvements Assessment
$453,950
Total Assessment
$585,450
  • Listing ID: 12497741

  • Date on Market: 5/8/2018

  • Last Updated:

  • Address: 7309 State Route 37, Sunbury, OH 43074

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