8160 Broad St Reynoldsburg, OH 43004
This exceptional investment opportunity presents a 7,298 square foot auto shop, operating as an NTB (National Tire & Battery) location, situated on a 1.774-acre lot at 8160 E Broad St, Blacklick, OH 43004. The property boasts a 25-year triple-net (NNN) lease with a corporate guarantee from TBC Corporation and Sumitomo of America, providing significant financial security. With 13.5 years remaining on the current lease term, this investment offers substantial long-term stability. The asking price is $3,780,000, representing a compelling $517.95 per square foot and a 5.25% cap rate based on a current Net Operating Income (NOI) of $198,450. The property benefits from a prime location within a dense retail corridor, surrounded by major national retailers such as Target, Meijer, Lowe's, Aldi's, Sheetz, T.J. Maxx, Starbucks, Panda Express, Burger King, Chase Bank, and PNC Bank. The strong demographics of the area, including a population exceeding 138,490 within a 5-mile radius and an average household income of $90,516 within the same radius, further enhance the investment's attractiveness. The lease includes 3-5 year renewal options, ensuring continued income generation well into the future. This is a rare opportunity to acquire a high-performing, well-located, and financially secure net lease property with a strong corporate tenant.
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NTB-National Tire & Battery (Bike/Boat/Book/etc) Store Auto Parts Store
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.