Descriptif

Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the fee simple interest in the GetGo Café + Market (“GetGo”) located at 4051 Britton Pkwy, Hilliard, OH (the "Property" or "Asset"). GetGo currently operates under an absolute NNN lease with ±3.1 years of remaining term.The lease features a flat primary term and includes eight, 5-year renewal options, and one, 4-year and 7-month option, with 2.5% escalations every option period, and zero landlord responsibilities.

GetGo is a national convenience and gas chain with 278 locations across Indiana, Maryland, Ohio, Pennsylvania, and West Virginia. GetGo’s parent, Alimentation Couche-Tard, boasts a robust BBB+ (stable) credit-rating per S&P.

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Attributs

Superficie du bâtiment nette

348 mètres carrés

Occupation

100 %

Année de construction

2014

Superficie du terrain nette

0,74 ha

WAULT

3.1 années

Média

Points forts de l'investissement

Strong Parent Company Backing: GetGo operates as a subsidiary of Alimentation Couche-Tard, an investment-grade (BBB+) global convenience and fuel operator with approximately 17,300 locations worldwide.
Absolute NNN Lease with Extensive Renewal Options: The Property is secured by an absolute NNN lease with ±3.1 years of remaining term and zero landlord responsibilities. The lease includes eight 5-year renewal options and one 4-year, 7-month option, with 2.5% rent escalations each option period.
Prime Columbus MSA Location with Strong Traffic Counts: The Property occupies a hard-corner position at Britton Parkway and All Seasons Drive, approximately 0.5 miles from I-270 (±134,500 VPD), with direct access via Cemetery Road (±44,900 VPD).
Affluent Demographics & Strong Consumer Base: The trade area includes more than 219K residents within a 5-mile radius. Average household incomes exceed $148K, and the population within a 3-mile radius has grown 27% since 2010
Significant Economic Investment in Hilliard: Hilliard has attracted more than $3.0 billion in commercial development and is home to more than 1,200 companies. This includes Amazon Web Services, which has invested more than $1.8 billion in local data center infrastructure along the Interstate 270 corridor.
Strong Retail & Community Demand Drivers: The Property is an outparcel to Gateway at Hilliard, a Market District-anchored center drawing 1.5 million annual visits, and ranks as the #3 GetGo within 30 miles. It is further supported by the adjacent LC Hilliard Apartments (439 units), OhioHealth, MedVet, nearby hotels, and a Kroger-anchored center.