Lewis Center, OH (Columbus MSA) 43035

Chick-fil-A Ground Lease

Property Address

47 Meadow Park Avenue, Lewis Center, OH, USA

Offering Summary

  • Price: $3,350,000
  • Lot Size: 1.68 Acres
  • Cap Rate: 4.10%
  • Year Built: 2024
  • Building SF: 5,167
  • Status: Available
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  • Brand New 15-Year Absolute Triple-Net (NNN) Ground Lease
  • 10% Rental Increases Every 5 Years with Multiple Renewal Options
  • Brand New, High-Quality, 2024 Construction with Two Drive-Thru Lanes
  • Total Systemwide Sales for Chick-fil-A Exceeded $22.7 Billion in 2024, a 5.4% Increase from 2023
  • Signalized Hard Corner Location with Excellent Frontage Along Columbus Pike (Visible to More Than 47,870 Cars per Day)
  • Located Along a Busy Retail Corridor Anchored by Meijer, The Home Depot, Walmart, Kohl’s, Floor & Decor, and BJ’s Wholesale
  • 172,621 Residents within a 5-Mile Radius in a Growing Suburb of Columbus
  • Affluent Trade Area - Average Household Income Exceeds $161,000 in the Surrounding Area
  • Less Than 3 Miles from Polaris Fashion Place, a Premier Shopping Destination in Columbus, as well as JPMorgan Chase’s Regional Headquarters, Spanning 2 Million SF with More Than 12,000 Employees

Broker Information