Quick Links

OUR MARKETSRETAIL PROPERTIESACQUISITIONSPRESS ROOM
PEOPLEHISTORYAPARTMENTS CONTACT US
Providing a full range of real estate services, we are
more than a development company.
DISPOSITIONS RESOURCES






TECHNICAL DIFFICULTIES?
If you are experiencing technical difficulties and are unable to access the offering materials please click here.

Burger King

The actions below require registration with CASTO.
Please click here to register or login.









 

Actions

Print This Page
Download the Offering Memorandum
Download Our Letter of Intent Form

Location / Contact

6374 Gender Road
Canal Winchestser, OH

For more information, contact:
Stephanie May Beaumier
CASTO
614.744.3404

General Info

Status AVAILABLE
Property Type Single Tenant
Price $2,448,000
Cap Rate 4.65%
Building Size 2,785 sq. ft.
Land Area 0.927 acres

Key Demographics

3-Mile
Radius
5-Mile
Radius
Population 24,962 93,855
Daytime Population 11,981 44,645
Median Age 34 Yrs. 34 Yrs.
Households 9,404 35,567
Avg. Household Income $777,620 $73,926
# of Businesses 639 2,119
# of Employees 6,989 24,139

Description

Corporate Lease
This corporate lease with Burger King Corporation has twelve (12) years remaining on the original twenty (20) year term, and offers the tax benefit of depreciation. The lease features a 7% rental increase in July 2018 and another 7% increase in July 2023.

Strong National Tenant
Burger King Corporation, a subsidiary of Restaurant Brands International Inc. (NYSE: QSR), has over 15,000 locations and is the world's second largest fast food hamburger restaurant chain.

Steady Population Growth
Just 12 minutes from downtown Columbus, the population within 3 miles of this location has increased an average of 6.5% annually since 2000.

Excellent Frontage
Located at the intersection of US-33 and Gender Road, the property features excellent frontage on Gender Road, where traffic counts exceed 37,000 ADT.

Prime Retail Location
As an outparcel to Waterloo Crossing Shopping Center, a 339,467 square foot  retail center anchored by Walmart Supercenter, Burger King is ideally situated in one of the fastest growing areas of central Ohio.

Superior Demographics      
Within 5 miles of the property, the estimated population is 93,855 and the average household income is $73,926. 

Highly Trafficked Area     
US-33 - 57,240 ADT    
Gender Road - 37,090 ADT