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Burger King NNN Ground Lease
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1080 Hill Road North, Pickerington, OH 43147

Corporate Burger King ground lease with renewal options and a long operating history at the site.

Property SizeContact for details
Days on Market145

Property Features for 1080 Hill Road North

General Information

Standard status Active
Property subtype Retail

Additional Details

Traffic Count 33,000 vehicles/day
Listing Agency: State Street Capital Realty / Casto
Listed By: Stephanie May-Beaumier · License #BRKP.2022006218
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 30 at 3:31AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of State Street Capital Realty / Casto

Investment Insights

Based on property information with market context.

This NNN ground lease is occupied by Burger King Corporation, which has operated at the property for over 30 years. The current lease has seven years remaining, followed by two five-year renewal options. Contractual rent increases include a 12% adjustment in 2021 and additional 12% increases during each renewal option.

The property has frontage on SR-256, a corridor reporting 33,000 ADT. It is positioned in front of Pickerington Square, a 105,511 SF shopping center that has been expanded and redeveloped and is anchored by Giant Eagle. The combination of an established restaurant operation, extended lease structure, and retail-center setting defines the asset’s commercial profile.

Key Highlights

  • Burger King Corporation has operated at the property for over 30 years
  • Seven years remain on the current lease term
  • Two five‑year renewal options are included

Property Analytics

Current Use

Burger King Restaurant Popeyes Louisiana Kitchen Restaurant

Suggested Use

Top Pick Building Supply Big Box & Wholesale Store Law Firm Storage Facility Auto Parts Store Garden Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

33,000 VPD
Traffic count

Location Intelligence

Trade Area within ½ mile

900
Businesses Nearby

Demographics for 43147, OH

45,281
Population
16,267
Households
2.8
Avg Household Size
38
Median Age
50%
College-Educated
97%
High-School Grad
29.9 sq mi
ZIP Area
1,514
Density / Sq Mi
$125,472
Median Household Income
$61,595
Median Earnings
$1,596
Median Rent
$315,600
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - Corporate Burger King ground lease with renewal options and a long operating history at the site.
Where is this nnn property located?
The property is located at 1080 Hill Road North Pickerington, OH.
What are key features of this property?
This property features: Burger King Corporation has operated at the property for over 30 years; Seven years remain on the current lease term; Two five‑year renewal options are included
More about this property
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