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    4264 Buckeye Pkwy Grove City, OH 43123

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    For Sale
    $2,846,000

    New 20-year NNN lease Freddy's restaurant for sale.

    Property size:
    3,027 SF
    Lot size:
    1.16 Acres

    Property Features for 4264 Buckeye Pkwy

    General Information

    Size
    3,027 SF
    Lot size
    1.16 Acres

    Source: Commercial Investment Advisors (CIA) - Corporate Agent Justin Zahn

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    New Freddy's Build-to-Suit Restaurant

    This property features a brand new, build-to-suit Freddy’s restaurant, constructed with brick and designed according to the latest prototype. The restaurant officially opened in December 2024 and operates under a 20-year absolute NNN lease, which includes 7% rental escalations every 5 years, along with four 5-year options to renew. The drive-thru is equipped with an impressive 16-car stack. The property is well-positioned in a dominant retail corridor. The surrounding area has affluent demographics, with a total population of 134,210 within a 5-mile radius and an average household income of $118,064 within a 1-mile radius. The property size is 3,027 square feet.
    Location Intelligence

    Current Use by Public Records

    Drive through restaurants

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Grove City
    County
    Franklin
    State
    Ohio
    Longitude
    -83.0392582
    Latitude
    39.8761377

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    FAQs

    What type of property is this?
    Drive through restaurant - New 20-year NNN lease Freddy's restaurant for sale.
    Where is this drive through restaurant located?
    The property is located at 4264 Buckeye Pkwy Grove City, OH.
    What is the asking price?
    The asking price for this property is $2,846,000.
    What are key features of this property?
    This property features: - Brand new 20-year Absolute NNN lease with 7% rental escalations every 5 years and four 5-year options.; - New build-to-suit Freddy's prototype with brick construction.; - Impressive 16-car stack in drive-thru.
    (480) 718-5555
    Request Owner's contact information
    4264 Buckeye Pkwy Grove City, OH 43123
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    Grove City, OH 43123
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4264 Buckeye Pkwy Grove City, OH 43123
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