Columbus, OH 43213

Wendy's

Property Address

3747 East Broad Street, Columbus, OH, USA

Offering Summary

  • Price: $1,470,800
  • Lot Size: 1.01
  • Cap Rate: 6.50%
  • Year Built: 1971
  • Building SF: 2,612
  • Status: Available
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  • Absolute Triple-Net (NNN) Lease with 6 Years Remaining
  • 27% Growth in Store Sales Since 2014; 4.5% Annual Growth Since 2009
  • 15% Rental Increases in Each Option Period
  • 270,251 Residents within a 5-Mile Radius - Infill Columbus
  • Located in Major Retail Corridor - Kroger, Target, Lowe’s, Dollar Tree, Goodwill, Walgreens, Staples, and More
  • Excellent Visibility Along Broad Street (SR-16) - 23,800+ Cars/Day, with Direct Access to Downtown Columbus (5 Miles
  • 1.5 Miles from Norton Crossing, a New 21-acre Mixed-Use Development Featuring 2 Office/ Medical Buildings, Retail, and 360 Apartment Units with a Restaurant and Community Center
  • Columbus has Benefited from $40B in New Development Over the Past Decade

Broker Information