4236 Buckeye Pkwy Grove City, OH 43123-8377
- Banks
- 3,557 SF
- 0.91 lot acres
Current Use by Public Records
- Telhio Credit Union / Credit Union / Atm
Property Details for 4236 Buckeye Pkwy
- Year built
- 2010
- Lot size
- 0.91 lot acres
- Property size
- 3,557 SF
- Property type
- Banks
- APN
- 040-014752
- APU
- 40014752
Description
This exceptional sale-leaseback opportunity presents a 3,557 square foot single-tenant retail building located at 4236 Buckeye Pkwy, Grove City, Ohio 43123. The property, built in 2010, sits on a 0.91-acre lot and features a convenient two-lane drive-thru. Currently occupied by Telhio Credit Union under a 15-year fully net lease, the property offers a compelling investment with a 5.75% cap rate. The lease boasts a base rent of $40 per square foot, escalating by 10% every five years, ensuring consistent income growth. The building is a single-story structure with a strong tenant in Telhio, a federally insured, state-chartered credit union serving over 67,000 members across nine locations in Columbus and Cincinnati. The property's APN is 040-014752. This is a rare opportunity to acquire a stable, income-producing asset with a long-term lease and significant upside potential. The asking price is $2,474,434. This sale-leaseback transaction provides a secure investment with a proven tenant and a predictable income stream.
Value Estimation
-
CAP approach
-
Comparable approach
-
Alternative Use
Location Insight
- Map
- Local Demand
- City
- Grove City
- County
- Franklin
- State
- Ohio
- Longitude
- -83.0392
- Latitude
- 39.8761
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
