Shake Shack | Ground Lease Columbus, OH

3730 West Dublin Granville Road
Columbus, OH

Price: $6,797,000
Cap Rate: 4.00%
NOI: $271,892
Building Size: Approx. 3,225 Sq. Ft.
Lot Size: Approx. 0.928 Acres
Type: Single-Tenant / Retail
Sub Category: QSR
Year Built: 2022

Investment Overview

  • 2022 Construction. 2,225+/- SF Building on 0.928+/- Acre Site
  • Brand New 15 Year Ground Lease w/ 10% Rental Increases Every 5 Years
  • Subject Property is a New Prototype Building with a Double Lane Drive-Thru
  • Located 5 Miles from Ohio State University (61K Students & 35K Employees)
  • Less Than 1 Mile from the Wendy’s Global Headquarters
  • Excellent Location Along Dublin Granville Rd/Hwy161 (19.3K VPD)
  • Located in Front of the Sun Center, a 400,00+ SF Lifestyle Center Featuring a Whole Foods
  • Strong Income Demos w/ $124,531 within a 5-Mile Radius of Subject Property
  • Shake Shake is one of the Fastest Growing Food Chains in the US and is Publicly Traded
  • Columbus  |  State Capital of Ohio  |  Population: 889,000+