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- LoopNet Team
5488 Cleveland Ave
Columbus, OH 43231
Steak 'n Shake | Abs NNN | DriveThru · Retail Property For Sale
Investment Highlights
- 65 Years of Leasehold Ownership | Fully Depreciable Asset | Steak 'n Shake Scheduled Rental Increases
- Located Along Prominent Retail Corridor | Across from Huntington National Bank HQ | Drive-Thru Equipped | Excellent Visibility & Access
- Absolute NNN | Fee Simple Ownership | Zero Landlord Responsibilities
- Strong Demographics in 5-Mile Trade Area
PROPERTY FACTS
- Fast Food
- General Retail Fast Food
- General Retail Restaurant
- 155 ft on Cleveland Ave
- 343 ft on Northland Plaza Drive
Amenities
- Pylon Sign
- Restaurant
- Signage
- Signalised Intersection
- Drive Thru
- Monument Signage
About 5488 Cleveland Ave , Columbus, OH 43231
The Steak ‘n Shake property is located at the signalized, hard corner intersection of Cleveland Ave and Northland Plaza Drive with over 24,600 vehicles passing by daily. In addition, the asset is less than half a mile from E. Dublin Granville Road/State Highway 161 (31,100 VPD), a primary retail thoroughfare that intersect with Cleveland Ave just north of the property. Steak ‘n Shake has a drive-thru lane providing ease and convenience for customers as well as unobstructed street frontage with a noticeable street side pylon sign making the store hard to miss. The store benefits from its prime location directly across the street from a Huntington National Bank corporate building and a brand new COTA Northland Transit Bus Stop, providing a direct consumer base from which to draw from. In addition, nearby national tenants include Harbor Freight Tools, Family Dollar, Ollie’s Bargain Outlet, and more, further increase consumer traffic and promoting crossover shopping synergy. The 5-mile trade area is supported by a population of over 294,700 with an average household income of nearly $78,500.
Links
PROPERTY TAXES
Parcel Number | 600-157965 | Improvements Assessment | £19,077 |
Land Assessment | £204,329 | Total Assessment | £223,406 |
PROPERTY TAXES
Listing ID: 17183215
Date on Market: 12/09/2019
Last Updated:
Address: 5488 Cleveland Ave, Columbus, OH 43231
The Retail Property at 5488 Cleveland Ave, Columbus, OH 43231 is no longer being advertised on LoopNet.co.uk. Contact the broker for information on availability.
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