4236 Buckeye Pkwy, Grove City, OH 43123-8377
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.
-
Telhio Credit Union Credit Union
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
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.