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Krispy Kreme Absolute NNN Property
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1781 Hilliard Rome Rd, Hilliard, OH 43026

Newly built single-tenant restaurant with a corporate-guaranteed ground lease and drive-through configuration.

Property SizeContact for details
Days on Market142

Property Features for 1781 Hilliard Rome Rd

General Information

Standard status Active
Property subtype Retail
Occupancy 100%

Site & Location

Drive-Thru Yes
Traffic Count 51,000 vehicles/day

Building Details

Tenancy Single
Listing Agency: Pegasus Investments
Listed By: David Chasin · License #CA 01513027
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 8:19AM

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 Pegasus Investments

Investment Insights

Based on property information with market context.

This brand-new, single-tenant Krispy Kreme restaurant in Hilliard, Ohio, is subject to a corporate-guaranteed absolute NNN ground lease. The lease includes scheduled 10% rent increases every five years, while the drive-through format supports the property’s established restaurant use.

The property is positioned at the entrance to Tanglewood Plaza, a power center anchored by Sam’s Club, Esporta Fitness, Dick’s Sporting Goods, Ross, and Kohl’s. It fronts Hilliard Rome Road, which records 51,000 VPD, and the shopping center attracts more than 3.8 million visitors annually. The surrounding market also reports average household incomes of $91,000 within 3 miles and $97,364 within 5 miles. Hilliard’s population has increased 30% since 2010.

Key Highlights

  • Brand‑new single‑tenant Krispy Kreme drive‑through restaurant
  • Corporate‑guaranteed absolute NNN ground lease
  • Scheduled 10% rent increases every five years

Property Analytics

Current Use

Krispy Kreme Bakery

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Hair Salon Spa & Massage Center HVAC Service

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

51,000 VPD
Traffic count
100%
Occupancy
Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

612
Businesses Nearby
1.1M
Monthly Visits Nearby

Foot Traffic Nearby

Dining 28% Shops & Services 19% Apparel 18% Superstores 18%
Sam's Club Superstores
103,196 visits/mo 0.1 miles
Meijer Groceries
95,386 visits/mo 0.2 miles
Target Superstores
93,432 visits/mo 0.3 miles
Kohl's Apparel
56,234 visits/mo 0.3 miles
Chick-fil-A Dining
47,412 visits/mo 0.3 miles

Demographics for 43026, OH

64,607
Population
25,671
Households
2.5
Avg Household Size
35
Median Age
55%
College-Educated
96%
High-School Grad
35.3 sq mi
ZIP Area
1,830
Density / Sq Mi
$110,369
Median Household Income
$59,770
Median Earnings
$1,430
Median Rent
$324,300
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 - Newly built single-tenant restaurant with a corporate-guaranteed ground lease and drive-through configuration.
Where is this nnn property located?
The property is located at 1781 Hilliard Rome Rd Hilliard, OH.
What are key features of this property?
This property features: Brand‑new single‑tenant Krispy Kreme drive‑through restaurant; Corporate‑guaranteed absolute NNN ground lease; Scheduled 10% rent increases every five years
(310) 969-1135 Call to check price and availability
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