Arby’s NNN
For Sale
$2,292,000
2453 Stringtown Rd, Grove City, OH 43123
Corporate lease structure places property-level responsibilities with the tenant and provides scheduled rent escalations.
Property Size3,857 SF
Days on Market47
Property Features for 2453 Stringtown Rd
General Information
Standard status
Active
Size
3,857 SF
Property subtype
Retail
Building Details
Building Size
3,857 SF
Year Built
1978
Listing Agency:
Lee & Associates San Diego - Carlsbad
Listed By:
Ryan Bennett · License #CalDRE #01826517
(760) 519-0240
Source:
Lee-associates
Added: Sep 5
Changed: Oct 19
Last Checked: Oct 20 at 7:32PM
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 Lee & Associates San Diego - Carlsbad
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Investment Insights
Based on property information with market context.
This 1978-built NNN property is leased to Arby’s under a corporate absolute-net structure, with no landlord responsibilities identified for the lease arrangement. Contractual rent increases occur every five years during the primary term and renewal periods.
The property is located at 2453 Stringtown Rd in Grove City, Ohio. A scheduled increase is set for 2028, and five remaining five-year renewal options could extend the lease term through 2058.
The property is located at 2453 Stringtown Rd in Grove City, Ohio. A scheduled increase is set for 2028, and five remaining five-year renewal options could extend the lease term through 2058.
Key Highlights
- Corporate absolute‑net lease structure
- 10% rent increases every five years during the primary term and option periods
- Scheduled rent increase in 2028
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
971
Businesses Nearby
Explore this area
Business Placement
Demographics for 43123, OH
66,188
Population
27,876
Households
2.4
Avg Household Size
39
Median Age
31%
College-Educated
91%
High-School Grad
59.7 sq mi
ZIP Area
1,109
Density / Sq Mi
$87,883
Median Household Income
$49,747
Median Earnings
$1,279
Median Rent
$262,400
Median Home Value
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Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
NNN property - Corporate lease structure places property-level responsibilities with the tenant and provides scheduled rent escalations.
Where is this nnn property located?
The property is located at 2453 Stringtown Rd Grove City, OH.
What is the asking price?
The asking price for this property is $2,292,000.
What are key features of this property?
This property features: Corporate absolute‑net lease structure; 10% rent increases every five years during the primary term and option periods; Scheduled rent increase in 2028
