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Hilliard, OH 43026
Pet Palace Sale-Leaseback
Property Address
4252 Lyman Drive, Hilliard, OH, USA
Offering Summary
Price:
$3,895,000
Lot Size:
1.66 Acres
Year Built:
2007
Building SF:
15,678
Status:
In Escrow
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Brand New 15-Year Absolute Triple-Net (NNN) Lease with Corporate Guaranty
10% Rental Increases Every 5 Years
Seasoned Location with Strong Historical Operating Performance and Year Over Year Growth
201,577 Residents within a 5-Mile Radius - Columbus MSA
Growing Hilliard Trade Area - Households Projected to Increase Nearly 14% in Immediate Area Over the Next 5 Years
Located Along Interstate 270 (127,700 Cars/Day) - Major Connector for the Greater Columbus Area
3 Miles from $375M Mixed-Use Project to Commence in 2021
Situated in Dense Retail Corridor - Target, The Home Depot, At Home, Dave & Buster’s, Kroger, ALDI, Giant Eagle Supermarket, and More
Average Household Income Exceeds $125,000 within 1 Mile of the Subject Property
Strong Daytime Population - 224,364 Employees in Surrounding Area
Broker Information
Alex Van Krevel
Agent
Phone Number:
602.687.6677
alex.vankrevel@marcusmillichap.com
Mark Ruble
Agent
Phone Number:
602.687.6766
mruble@marcusmillichap.com
Chris Lind
Agent
Phone Number:
602.687.6780
chris.lind@marcusmillichap.com
Jamie Medress
Agent
Phone Number:
602.687.6778
jmedress@marcusmillichap.com
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