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7309 State Route 37
Sunbury, OH 43074
Retail Property For Sale
PROPERTY FACTS
- Fast Food
- General Retail Freestanding
- General Retail Restaurant
- General Retail Storefront
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
Links
PROPERTY TAXES
Parcel Number | 417-220-02-029-000 | Improvements Assessment | $453,950 |
Land Assessment | $131,500 | Total Assessment | $585,450 |
PROPERTY TAXES
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Listing ID: 12497741
Date on Market: 5/8/2018
Last Updated:
Address: 7309 State Route 37, Sunbury, OH 43074