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Restaurant

Rusty Bucket Restaurant & Tavern

4109 N High St, Columbus, OH 43214

Listing Price: $3,109,000

Cap Rate
5.50%
Tenant Name
Rusty Bucket Restaurant & Tavern
Years Remaining On Lease
10.0
Gross SF
4,750
Guarantor
Corporate Guarantee
Rentable SF
4,750
Price/Gross SF
$654.53
Lease Type
Double Net
Rent Per Square Feet
$36.00

Investment Overview

Rusty Bucket is a casual neighborhood American restaurant and tavern serving high quality food and beverage in a “come as you are” setting. The restaurant is known for scratch kitchens, fresh cocktails, and the perfect pour. It serves up fresh, American favorites and a huge beer selection in an inspired, pub-like atmosphere. Columbus is the fastest growing city in the Midwest, with a vibrant blend of arts and culture; inspired culinary, fashion, music and entertainment scenes; exciting collegiate and professional sports; and an open, entrepreneurial spirit. Thanks to the sprawling Ohio State University and a wide array of businesses, it’s also home to a bustling and energetic workforce. A prosperous economy draws millennials, creating a young and energetic atmosphere throughout the city.

Investment Highlights

  • New 10 Year Extension with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 362,176 Residents Within a Five-Mile Radius - Dense Columbus Infill
  • Strong Store Sales - Achieving Percentage Rent
  • Tenant Operates Over 23 Rusty Bucket Locations in Five States
  • Excellent Visibility Along North High Street (Over 15,000 Cars per Day)
  • Less than 10 Minutes North of The Ohio State University (Over 68,100 Students)
  • Strong Daytime Population - 442,815 Employees in Surrounding Area

Exclusively Listed By

Restaurant

Rusty Bucket Restaurant & Tavern

Listing Price: $3,109,000

Cap Rate
5.50%
Tenant Name
Rusty Bucket Restaurant & Tavern
Years Remaining On Lease
10.0
Gross SF
4,750
Guarantor
Corporate Guarantee
Rentable SF
4,750
Price/Gross SF
$654.53
Lease Type
Double Net
Rent Per Square Feet
$36.00

Investment Highlights

  • New 10 Year Extension with Corporate Guaranty
  • 10 Percent Rental Increases Every Five Years
  • 362,176 Residents Within a Five-Mile Radius - Dense Columbus Infill
  • Strong Store Sales - Achieving Percentage Rent
  • Tenant Operates Over 23 Rusty Bucket Locations in Five States
  • Excellent Visibility Along North High Street (Over 15,000 Cars per Day)
  • Less than 10 Minutes North of The Ohio State University (Over 68,100 Students)
  • Strong Daytime Population - 442,815 Employees in Surrounding Area

Investment Overview

Rusty Bucket is a casual neighborhood American restaurant and tavern serving high quality food and beverage in a “come as you are” setting. The restaurant is known for scratch kitchens, fresh cocktails, and the perfect pour. It serves up fresh, American favorites and a huge beer selection in an inspired, pub-like atmosphere. Columbus is the fastest growing city in the Midwest, with a vibrant blend of arts and culture; inspired culinary, fashion, music and entertainment scenes; exciting collegiate and professional sports; and an open, entrepreneurial spirit. Thanks to the sprawling Ohio State University and a wide array of businesses, it’s also home to a bustling and energetic workforce. A prosperous economy draws millennials, creating a young and energetic atmosphere throughout the city.

Exclusively Listed By

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