BRAND NEW 15-YEAR NNN GROUND LEASE
This offering features a new 15-year NNN ground lease with Sheetz, Inc., one of the largest and most successful privately held convenience store chains in the United States.
BUILT-IN RENT GROWTH
The lease features scheduled rental escalations, including 5% increases in years 6 and 11, and 10% increases across all seven renewal options, delivering consistent income growth over the life of the investment.
HANDS-OFF INVESTMENT
Structured as a NNN ground lease, this offering delivers truly passive ownership with no landlord management obligations, providing investors with stable, predictable cash flow and long-term peace of mind.
SIGNIFICANT DEVELOPMENT MOMENTUM
Tech Center Drive has experienced significant recent development activity, highlighting the area’s strong growth momentum. In addition to the new Sheetz location and the recently delivered 294+ unit Crescent Woods apartment community, the 112-acre Crescent at Central Park development has multiple future phases planned, featuring a mix of office, retail, and residential uses.
STRONG DAYTIME DEMAND
Strategically located adjacent to John Glenn Columbus International Airport, the Airport Golf Course, Defense Supply Center Columbus with 8,600 employees, and just one mile from Gahanna Lincoln High School—which serves more than 2,400 students—the site benefits from substantial daytime activity and consistent consumer traffic.
UNDERSERVED TRADE AREA
This Sheetz location will be one of only two convenience stores within a one-mile radius and just one of two Sheetz sites within three miles. Positioned as the closest convenience store to the I-270 & Hamilton Road interchange, the site benefits from exceptional visibility and a strong, consistent traffic flow.
COMPELLING MARKET DEMOGRAPHICS
The trade area is supported by compelling demographic fundamentals, featuring a population of more than 247,380 residents and 101,100 households within a five-mile radius. The market is further strengthened by a thriving employment base of over 9,390 businesses, generating strong daytime traffic alongside consistent residential demand.