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KFC Restaurant With NNN Lease
For Sale
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Pending

2815 London Groveport Rd, Grove City, OH 43123

Restaurant property offered with a new 20-year absolute triple-net lease.

Property Size2,954 SF
Lot Size1.71 Acres
Days on Market142

Property Features for 2815 London Groveport Rd

General Information

Standard status Pending
Size 2,954 SF
Lot size 1.71 Acres
Property subtype Retail
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License #NY 49KU1129178
Source: Crexi
Added: Apr 11 Changed: Aug 30 Last Checked: Aug 30 at 6:06AM

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 SURMOUNT

Investment Insights

Based on property information with market context.

The property includes a 2,954-square-foot KFC restaurant on an estimated 1.71-acre parcel at 2815 London Groveport Road in Grove City, Ohio. The building is structured for a new absolute triple-net lease beginning at the close of escrow.

The lease provides a 20-year base term, followed by four 5-year renewal options. Contractual rent increases by 1.25% annually beginning in year 6 and continues through the base term and each renewal period.

Key Highlights

  • 2,954 rentable square feet of restaurant building space
  • Estimated 1.71‑acre parcel at 2815 London Groveport Road
  • New 20‑year absolute triple‑net lease begins at the Close of Escrow

Property Analytics

Current Use

KFC Restaurant

Suggested Use

Top Pick Building Supply Parking Lot & Garage Hair Salon Electrical Service Big Box & Wholesale Store Grocery & Convenience Store

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

Location Intelligence

Trade Area within ½ mile

411
Businesses Nearby
177k
Monthly Visits Nearby
Under-served
Demand for This Use

Foot Traffic Nearby

Groceries 41% Shops & Services 35% Dining 24%
Meijer Groceries
72,224 visits/mo 0.3 miles
Meijer Gas Station Shops & Services
20,799 visits/mo 0.1 miles
Marathon Petroleum Shops & Services
20,715 visits/mo 0.4 miles
Wendy's Dining
17,533 visits/mo 0.4 miles
Circle K Shops & Services
14,321 visits/mo 0.4 miles

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

Market

Vacancy Rate% for Retail in Midwest region

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

What type of property is this?
Conventional restaurant - Restaurant property offered with a new 20-year absolute triple-net lease.
Where is this conventional restaurant located?
The property is located at 2815 London Groveport Rd Grove City, OH.
What are key features of this property?
This property features: 2,954 rentable square feet of restaurant building space; Estimated 1.71‑acre parcel at 2815 London Groveport Road; New 20‑year absolute triple‑net lease begins at the Close of Escrow
(332) 345-4222 Call to check price and availability
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