Arby’s Absolute-Net NNN
New
For Sale
$2,108,000
2986 London Groveport Rd, Grove City, OH 43123
Fee-simple QSR pad leased under an absolute-net structure with five renewal options.
Property Size3,057 SF
Days on Market2
Property Features for 2986 London Groveport Rd
General Information
Standard status
Active
Size
3,057 SF
Property subtype
Retail
Building Details
Building Size
3,057 SF
Year Built
2000
Tenancy
Single
Listing Agency:
Lee & Associates San Diego - Carlsbad
Listed By:
Ryan Bennett · License #CalDRE #01826517
(760) 519-0240
Source:
Lee-associates
Added: Sep 5
Last Checked: Sep 5 at 2:59PM
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
Investment Insights
Based on property information with market context.
This fee-simple QSR pad is occupied by a corporate Arby’s and was built in 2000. The property is structured as an absolute-net, or NNN, lease with zero landlord responsibilities described in the listing information.
Located at 2986 London Groveport Rd in Grove City, Ohio, the property is identified as being within an established, high-traffic commercial node. Lease economics include an upcoming increase in 2028, with a stated 10% step-up, followed by five 5-year renewal options.
Located at 2986 London Groveport Rd in Grove City, Ohio, the property is identified as being within an established, high-traffic commercial node. Lease economics include an upcoming increase in 2028, with a stated 10% step-up, followed by five 5-year renewal options.
Key Highlights
- Corporate Arby’s QSR pad at 2986 London Groveport Rd, Grove City, OH 43123
- Fee‑simple ownership with an absolute‑net (NNN) lease structure
- Zero landlord responsibilities described under the lease structure
Property Analytics
Property Profile
Current Use
Lease Details
Single-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
315
Businesses Nearby
177k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Groceries 41%
Shops & Services 35%
Dining 24%
Meijer
Groceries
72,224 visits/mo
0.4 miles
Meijer Gas Station
Shops & Services
20,799 visits/mo
0.2 miles
Marathon Petroleum
Shops & Services
20,715 visits/mo
0.1 miles
Wendy's
Dining
17,533 visits/mo
0.1 miles
Circle K
Shops & Services
14,321 visits/mo
0.1 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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
NNN property - Fee-simple QSR pad leased under an absolute-net structure with five renewal options.
Where is this nnn property located?
The property is located at 2986 London Groveport Rd Grove City, OH.
What is the asking price?
The asking price for this property is $2,108,000.
What are key features of this property?
This property features: Corporate Arby’s QSR pad at 2986 London Groveport Rd, Grove City, OH 43123; Fee‑simple ownership with an absolute‑net (NNN) lease structure; Zero landlord responsibilities described under the lease structure
