Investment Highlights

NEW 15-YEAR ABSOLUTE NNN GROUND LEASE TO CORPORATE SHEETZ
» 10% rental increases every option, providing an excellent hedge against inflation
» Absolute NNN ground lease requires no landlord management, ideal for an out of area investor
» Sheetz is one of the largest privately owned chains of convenience stores in the U.S. with more than 608 locations and over $7.5 in annual revenue
» Sheetz is investing significant capital into the construction, providing a safe investment for passive investors

HIGH-TRAFFIC LOCATION IN DENSELY POPULATED, GROWING, AND AFFLUENT AREA
» Located at the signalized hard corner of Cemetery Road and Parkway Lane, with excellent visibility and access to 48,311 vehicles per day at the intersection
» Immediate access to Interstate 270 (120,200 AADT), significantly increasing commuter traffic to the site
» 207,469 residents within a five-mile radius of the property, establishing a large customer base for the site
» Central location in a robustly affluent area, with an average annual household income of $112,450 within a three-mile radius of the site
» Projected 10% average annual household income increase within five miles of the site in the next five years, poising Sheetz and the immediate trade area for significant concurrent growth

CENTRAL LOCATION NEAR LARGE EMPLOYERS, RETAILERS, AND COMMUNITY HUBS
» Surrounded by several national retail tenants, including Wendy’s, McDonald’s, Tim Hortons, Bob Evans, Speedway, Pizza Hut, Taco Bell, Lowe’s, and many more
» Located within a five-mile radius of 13 major shopping centers with a combined 4.7 million SF of retail space and 443 stores
» Central Location within the Hilliard City School District (22 schools, 16,000 students)
» Two miles from Indiana Wesleyan University – Columbus (3,000 students) » Gateway to Downtown Columbus, Ohio’s State capital and most populous city (892,533 residents)

NEW 2021 CONSTRUCTION TO TENANT’S LATEST PROTOYPE
» Location includes a freestanding restaurant with seven (7) canopied gas pumps for added customer convenience
» Upgraded construction with brick façade

Property Description

SOLD

The property is strategically located at the signalized four-way intersection of Cemetery Road and Parkway Lane, with excellent visibility and access to 48,311 vehicles per day at the intersection. The location also maintains immediate access to Interstate 271, which experiences 120,200 AADT, significantly increasing commuter traffic to the property. The site is located in a densely populated and affluent town in the Columbus MSA, with 207,469 residents living within a five-mile radius of the property and an average annual household income of $112,450 within three miles of the property. Sheetz is also poised to grow along with the location, with a projected 10% average annual household income increase within five miles of the site in the next five years.

The property benefits from its central location near many of the region’s largest employers, retailers, and community hubs. The location is surrounded by several national retail tenants, including Wendy’s, McDonald’s, Tim Hortons, Bob Evans, Speedway, Pizza Hut, Taco Bell, Lowe’s, and many more. The location resides within a five-mile radius of 13 major shopping centers with a combined 4.7 million SF of retail space and 443 stores. The site benefits from being centrally located within the Hilliard City School District, which features 22 schools and 16,000 students. Indiana Wesleyan University – Columbus (3,000 students) resides two miles from the location, driving significant additional commuter traffic to and from the property. The location also serves as a common gateway to Downtown Columbus, Ohio’s State capital and most populous city (892,533 residents).