Del Taco NNN Investment
For Sale
Contact for pricing
8787 Owenfield Dr, Powell, OH 43065
NNN leased Del Taco with a 20-year primary term.
Property Size2,459 SF
Lot Size0.84 Acres
Price / SF$1,230
Days on Market653
Property Features for 8787 Owenfield Dr
General Information
Standard status
Active
Size
2,459 SF
Lot size
0.84 Acres
Property subtype
Retail
Occupancy
100%
Lease Type
Absolute Net
Investment Type
Net Lease
Net Operating Income
$168,000
Building Details
Tenancy
Single
Listing Agency:
Colliers - Los Angeles - Orange County, California
(614) 436-9800
Listed By:
Eric Carlton · License #CA 01809955
Source:
Crexi
Added: Nov 14, 2024
Changed: Aug 24
Last Checked: Aug 25 at 5:00PM
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 Colliers - Los Angeles - Orange County, California
Investment Insights
Based on property information with market context.
This offering presents an opportunity to acquire a single-tenant, absolute NNN leased Del Taco property in Powell, OH. Del Taco, acquired by Jack in the Box Inc. in 2022, operates over 590 locations across 15 states. The newly renovated 2,459 square foot building includes a drive-thru and is situated on a 0.84-acre parcel. The new triple net lease features a 20-year primary term, with three 5-year option periods and zero landlord responsibilities. The lease includes 10% rental increases every 5 years. The property is strategically positioned as a Home Depot outparcel, benefiting from combined traffic counts exceeding 49,700 vehicles per day. Nearby retailers include Walmart Supercenter, The Home Depot, BJ’s Wholesale Club, Meijer, ALDI, Bank of America, Chase Bank, McDonald’s, Chipotle, and Starbucks. The 1,200-acre Polaris Center of Commerce, Columbus’ premier destination for shopping, dining, entertaining, working and living, is located only two miles from the property. Polaris Fashion Place, a 1.47 million square foot super regional mall, attracts over 10.3 million visitors annually and is one of the largest malls in the Midwest. JPMorgan Chase recently completed renovations on their 2 million square foot Polaris Campus, which houses over 12,000 employees.
Key Highlights
- Absolute NNN lease with zero landlord responsibilities, providing passive income.
- 20‑year primary lease term with three 5‑year option periods, ensuring long‑term stability.
- 10% rental increases every 5 years, offering built‑in income growth.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
384
Businesses Nearby
4k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Electronics 39%
Dining 31%
Shops & Services 29%
Verizon
Electronics
1,519 visits/mo
0.5 miles
Jet's Pizza
Dining
1,216 visits/mo
0.5 miles
Storage Rentals of America
Shops & Services
706 visits/mo
0.3 miles
Havoline Xpress Lube
Shops & Services
426 visits/mo
0.4 miles
Demographics for 43065, OH
44,829
Population
17,468
Households
2.6
Avg Household Size
41
Median Age
68%
College-Educated
98%
High-School Grad
28.1 sq mi
ZIP Area
1,595
Density / Sq Mi
$154,797
Median Household Income
$83,357
Median Earnings
$1,811
Median Rent
$451,700
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?
Drive through restaurant - NNN leased Del Taco with a 20-year primary term.
Where is this drive through restaurant located?
The property is located at 8787 Owenfield Dr Powell, OH.
What is the asking price?
The asking price for this property is $3,027,000.
What are key features of this property?
This property features: Absolute NNN lease with zero landlord responsibilities, providing passive income.; 20‑year primary lease term with three 5‑year option periods, ensuring long‑term stability.; 10% rental increases every 5 years, offering built‑in income growth.
