Absolute NNN Restaurant
For Sale
Contact for pricing
Pending
6042 N Hamilton Rd, Westerville, OH 43081
Corporate restaurant lease with extended term, renewal options, and scheduled rent increases.
Property SizeContact for details
Days on Market140
Property Features for 6042 N Hamilton Rd
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
State Street Capital Realty / Casto
Listed By:
Stephanie May-Beaumier · License #BRKP.2022006218
Source:
Crexi
Added: Apr 13
Changed: Aug 30
Last Checked: Aug 30 at 12:02AM
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 State Street Capital Realty / Casto
Investment Insights
Based on property information with market context.
This property is leased to Torchy’s Tacos under an absolute NNN corporate lease, with 13 years remaining on the initial 15 year term. The lease includes three (3) five-year renewal options and 10% rent increases every 5 years. Zero landlord responsibilities are provided under the absolute NNN structure.
The restaurant is positioned as an outparcel within Hamilton Quarter, a +500,000 SF mixed-use development that records over 5 million annual visits and maintains average vacancy below 3%. The surrounding employment base includes New Albany International Business Park, where more than 26,000 workers are employed. Major employers identified in the area include Google, Amazon Web Services, Microsoft, Facebook, and Abercrombie & Fitch.
The restaurant is positioned as an outparcel within Hamilton Quarter, a +500,000 SF mixed-use development that records over 5 million annual visits and maintains average vacancy below 3%. The surrounding employment base includes New Albany International Business Park, where more than 26,000 workers are employed. Major employers identified in the area include Google, Amazon Web Services, Microsoft, Facebook, and Abercrombie & Fitch.
Key Highlights
- Torchy’s Tacos occupies the property under an absolute NNN corporate lease
- 13 years remaining on the initial 15 year term
- three (3) five‑year renewal options
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
838
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 100%
Sunoco
Shops & Services
3,500 visits/mo
0.5 miles
Demographics for 43081, OH
64,338
Population
28,457
Households
2.3
Avg Household Size
37
Median Age
54%
College-Educated
98%
High-School Grad
25.1 sq mi
ZIP Area
2,563
Density / Sq Mi
$90,336
Median Household Income
$55,015
Median Earnings
$1,434
Median Rent
$297,300
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 - Corporate restaurant lease with extended term, renewal options, and scheduled rent increases.
Where is this nnn property located?
The property is located at 6042 N Hamilton Rd Westerville, OH.
What are key features of this property?
This property features: Torchy’s Tacos occupies the property under an absolute NNN corporate lease; 13 years remaining on the initial 15 year term; three (3) five‑year renewal options
