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Absolute NNN Retail Property
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1281 Hill Road North, Pickerington, OH 43147

Absolute triple-net lease with a corporate guarantee and more than 11 years remaining.

Property SizeContact for details
Days on Market145

Property Features for 1281 Hill Road North

General Information

Standard status Active
Property subtype Retail

Additional Details

Anchor Co-Tenants Kohls, Lifetime Fitness Center

Building Details

Tenancy Single
Listing Agency: Salomone Real Estate
Listed By: Christopher Salomone · License #OH 342399
Source: Crexi
Added: Apr 10 Changed: Aug 31 Last Checked: Aug 29 at 4:00PM

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 Salomone Real Estate

Investment Insights

Based on property information with market context.

This NNN retail property is operated under an absolute triple-net lease backed by a corporate guaranty, with 11 Plus Years Left on the current term. The asset is identified as Max & Erma’s and was selected as one of two corporate stores to introduce a new prototype in 2011.

Positioned as an outparcel within the Fairfield Square shopping center, the property is associated with a major retail corridor on Columbus’s far east side. The surrounding center includes Kohl’s and Lifetime Fitness Center. The nearby trade area includes an Average Household Income of $84,700 plus within One Mile Radius and $71,100 plus within Five Mile Radius. Population within the five-mile area increased 34.2% since 2000.

Key Highlights

  • 11 Plus Years Left on Absolute Triple Net lease
  • Corporately guaranteed lease
  • Outparcel to Fairfield Square shopping center

Property Analytics

Current Use

MacKenzie River Pizza, ... Restaurant

Suggested Use

Top Pick Building Supply Law Firm Big Box & Wholesale Store Auto Repair Shop Auto Parts Store Parking Lot & Garage

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

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

978
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 - Absolute triple-net lease with a corporate guarantee and more than 11 years remaining.
Where is this nnn property located?
The property is located at 1281 Hill Road North Pickerington, OH.
What are key features of this property?
This property features: 11 Plus Years Left on Absolute Triple Net lease; Corporately guaranteed lease; Outparcel to Fairfield Square shopping center
More about this property
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