BJ's Brewhouse - Dublin, OH
5141 Tuttle Crossing Blvd, Columbus, OH, 43016, US
SEK 47,130,000 | 857 m²
Description
Jones Lang LaSalle Americas, Inc. ("JLL") is pleased to offer the opportunity to acquire the single-tenant Cheddar’s Scratch Kitchen in Elizabethtown, Kentucky ("Property" or "Asset"). The Property is operating on an absolute NNN lease with ±8.3 years of primary lease term remaining, 1.50% annual rent escalations, and four, five-year renewal options.
KY Broker of Record: Doug Owen – KY License #: 201917
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Attributes
Asking price
SEK 35,276,000
Cap rate
6.55%
NOI
SEK 2,310,000
WAULT
8.3 years
Building area net
814 m²
Land area gross
0.7 ha
Media
Investment Highlights
- Absolute NNN lease with ±8.3 years of term remaining and 1.50% annual bumps
- Darden concept with $3.26M in FY2026 sales (7.42% rent-to-sales)
- 10 miles southwest of Fort Knox, the largest employer in the region
- Frontage along N Dixie Hwy, the market’s major retail thoroughfare with 29K VPD
- Surrounding shopping centers generate 12.6M+ visits annually
- 21% population growth since 2010 within a 1-mile radius
Contact brokers
Cheddar's Scratch Kitchen - Elizabethtown, KY (0 Properties)
