Building Details

Building Size 3,219 SF

Year Built 2026

Tenancy Single

Listing Agency: Passov Real Estate Group a***@passovgroup.com Show Phone

Listed By: Alex Van Krevel · License #SAL2023005727

Source: Passovgroup

Added: Aug 26 Changed: Aug 29 Last Checked: Aug 29 at 11:31PM

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Investment Insights

Based on property information with market context.

Casey’s is a newly constructed convenience-store property at 705 S Defiance St in Archbold, Ohio. The asset is structured as an absolute NNN ground lease, with the lease scheduled to begin in September 2026.

The lease has a 15-year initial term and includes seven 5-year renewal options. Each renewal option provides for a 10% rent increase. Lease obligations are supported by a corporate guaranty from Casey’s General Stores, Inc., which trades under NASDAQ: CASY.

Key Highlights

• Newly constructed Casey’s property with YearBuilt 2026
• 15‑year Absolute NNN Ground Lease commencing in September 2026
• Corporate Guaranty from Casey’s General Stores, Inc. (NASDAQ: CASY)

Property Analytics

Property Profile

Current Use

Grocery and convenience stores

Suggested Use

Top Pick Dental Office Parking Lot & Garage Real Estate Agency Pharmacy Grocery & Convenience Store Bakery

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

Single-tenant

Tenancy

Location Intelligence

Trade Area within ½ mile

137

Businesses Nearby

30k

Monthly Visits Nearby

Explore this area Business Placement

Foot Traffic Nearby

Dining 69% Shops & Services 31%

McDonald's Dining

14,045 visits/mo 0.2 miles

Sunoco Shops & Services

4,781 visits/mo 0.5 miles

SUBWAY Dining

3,509 visits/mo 0.3 miles

Huntington Bank Shops & Services

3,384 visits/mo 0.2 miles

Marco's Pizza Dining

2,924 visits/mo 0.2 miles

Demographics for 43502, OH

7,064

Population

2,873

Households

2.5

Avg Household Size

43

Median Age

25%

College-Educated

96%

High-School Grad

72.8 sq mi

ZIP Area

97

Density / Sq Mi

$72,025

Median Household Income

$40,741

Median Earnings

$743

Median Rent

$191,800

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

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

NNN property - New construction with an absolute NNN ground lease commencing in September 2026.

Where is this nnn property located?

The property is located at 705 S Defiance St Archbold, OH.

What is the asking price?

The asking price for this property is $800,000.

What are key features of this property?

This property features: Newly constructed Casey’s property with YearBuilt 2026; 15‑year Absolute NNN Ground Lease commencing in September 2026; Corporate Guaranty from Casey’s General Stores, Inc. (NASDAQ: CASY)