Property History
SRS Real Estate Partners in collaboration with Hoty Enterprises, Inc. is pleased to offer the opportunity to acquire the fee simple interest (land & building ownership) in a net-leased, U.S. Government Backed (S&P: AA+), United States Postal Service investment property located in Blacklick, OH. The tenant, United States Postal Service, recently extended their lease until 2024, with 2 (5-year) options to extend remaining, demonstrating their commitment to the site. The lease is net, with landlord responsible for roof, structure, common areas, and insurance.
United States Postal Service is located near the signalized, hard corner intersection of Brice Road North and Reynoldsburg - New Albany Road, featuring a combined average of 18,200 vehicles passing by daily. The property is located directly behind a 98,000 square foot Kroger-anchored neighborhood retail center. Other nearby national/credit tenants include Walgreens, Menards, Target, Meijer, Lowes Home Improvement, and more. Strong surrounding tenant synergy increases consumer draw to the immediate trade area, and promotes crossover exposure to the site. The propeprty is located in a major residential housing dominated area, providing a direct consumer base from which to draw. The building is located near direct on/off ramp access to Interstate 270 (127,200 VPD), a major commuter highway that serves the Columbus MSA, and allows for easy access to much of its population. The property features a large pylon sign, promoting excellent visibility to the surrounding area. The 5-mile trade area is supported by over 185,000 residents, as well as 76,000 employees, and features an average household income of $84,972.
Government Backed Lease | Options To Extend | Commitment to Site | Operating History
Direct Consumer Base | Interstate 270 | Excellent Visibility | Strong Tenant Synergy
Strong Demographics in 5-Mile Trade Area
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