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7 Brew 15-Yr NNN Walmart & Kroger Outparcel 1560 Marion-Mount Gilead Rd 500 SF Retail Building Marion, OH 43302 $3,752,233 CAD ($7,504.47 CAD/SF) 6.25% Cap Rate
INVESTMENT HIGHLIGHTS
- Absolute NNN Lease with ±15 Years Remaining
- Major Retail Corridor (22,000+ VPD)
- Experienced 22-unit operator with management services from Anchor Point Management, whichprovides managed services for 440+ units
- New-construction outparcel to Walmart Supercenter & Kroger-Anchored Center
- Central location in major retail corridor featuring Walmart, Kroger, TJ Maxx, Lowe’s, Meijer, Menard’s, and many more national-branded tenants
EXECUTIVE SUMMARY
Century Partners Real Estate, Inc. is pleased to offer an absolute NNN leased 7 Brew Drive-Thru with approximately 15 years remaining, providing investors with a long-term, truly hands-off ownership opportunity. The newly constructed property sits at the main entrance to a Walmart and Kroger-anchored shopping center, offering an exceptional opportunity to command a prime site benefiting from the best visibility to high traffic draws to both anchors.
The lease features annual rent increases, enhancing income stability and growth potential. The property is operated by an experienced 22-unit 7 Brew operator and managed by Anchor Point Management, a seasoned operator responsible for over 440 units across Pacific Bells, Wingmen V, and North American Wax Company, adding further strength and reliability to this investment.
The lease features annual rent increases, enhancing income stability and growth potential. The property is operated by an experienced 22-unit 7 Brew operator and managed by Anchor Point Management, a seasoned operator responsible for over 440 units across Pacific Bells, Wingmen V, and North American Wax Company, adding further strength and reliability to this investment.
PROPERTY FACTS
Sale Type
Investment NNN
Sale Condition
Ground Lease (Leased Fee)
Property Type
Retail
Property Subtype
Building Size
500 SF
Building Class
C
Year Built
2024
Price
$3,752,233 CAD
Price Per SF
$7,504.47 CAD
Cap Rate
6.25%
NOI
$234,515 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.01
Lot Size
1.36 AC
Parking
16 Spaces (32 Spaces per 1,000 SF Leased)
Frontage
154’ on Marion-Mt Gilead Rd
AMENITIES
- Pylon Sign
MAJOR TENANTS Click Here to Access
- TENANT
- INDUSTRY
- SF OCCUPIED
- RENT/SF
- LEASE TYPE
- LEASE END
- 7 Brew
- Accommodation and Food Services
-
99,999 SF
-
$9.99
-
Lorem Ipsum
-
Jan 0000
| TENANT | INDUSTRY | SF OCCUPIED | RENT/SF | LEASE TYPE | LEASE END | |
| 7 Brew | Accommodation and Food Services | 99,999 SF | $9.99 | Lorem Ipsum | Jan 0000 |
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 20-0110005.305 | Improvements Assessment | $308,868 CAD |
| Land Assessment | $75,708 CAD | Total Assessment | $384,577 CAD |
PROPERTY TAXES
Parcel Number
20-0110005.305
Land Assessment
$75,708 CAD
Improvements Assessment
$308,868 CAD
Total Assessment
$384,577 CAD
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7 Brew 15-Yr NNN Walmart & Kroger Outparcel | 1560 Marion-Mount Gilead Rd
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