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Property profile & analytics
OFF-MARKET
Retail properties & Spaces

8160 Broad St Reynoldsburg, OH 43004

7,298 SF 1.77 ac lot
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Retail properties & Spaces
Total area 7,298 SF
Lot 1.77 ac (77,275 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • NTB-National Tire & Battery (Bike/Boat/Book/etc) Store Auto Parts Store
Value estimations
Realmo proprietary · 4 methods
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Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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