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INVESTMENT HIGHLIGHTS
Strong Corporate Guaranty The Investment is backed by a strong corporate guaranty, Bob Evans Restaurants, Inc., which has over 400 units owned and operated.
Abs NNN Lease | No LL Responsibility | 2% Annual Rent Increases Starting in 2027 Bob Evans is under an Absolute NNN lease structure, leaving no responsibility to the Landlord. Additionally, the lease features 2% annual rent increases starting in 2027, which goes throughout the term and into the options as well.
Visibility from I-23 Freeway | 10 Million Annualized Traffic Count Bob Evans has direct visibility from the I-23 freeway, making it accessible for the 27,882 vehicles per day.
Direct Access to State Capital | Less than 1 Hour Drive to Columbus The Property is adjacent to the I-23 freeway, which offers direct access in and out of Columbus, OH to Circleville. Bob Evans will benefit from increased traffic flow coming to and from the major city, and its direct visibility from the freeway.
Across from Walmart Supercenter and Surrounding Retail Trade Area The Property is strategically placed, sitting just outside the Circleville Plaza, which contains a Walmart Supercenter, Grand Buffet, Great Clips, and Dollar Tree. The Plaza is surrounded by tenants such as Chipotle, Take 5 Car Wash, Sonic Drive-In, and Buffalo Wild Wings, creating a retail synergy for the site.
Two Hotels Within Walking Distance of Property | 155 Rooms in Immediate Area The Hampton Inn and Holiday Inn Express are both within walking distance of the Property, bringing hotel guests to the site. The Hampton Inn in Circleville has 87 rooms, and the Holiday Inn Express has 68 rooms, providing 155 rooms in the immediate area to visit Bob Evans.
Located on a Signalized Hard Corner Bob Evans sits on the corner of Sperry Drive and S Court Street, making it easily accessible and visible to daily traffic headed to nearby shopping centers.
