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29848961
29848960

4675 N High St, Columbus, OH 43214 For Sale

MZ
OH 2023006534
Zelnik Realty Ltd
MZ
OH 2005001200
Zelnik Realty Ltd
Listed by Zelnik Realty Ltd
$2,118,217
125 days on market
Updated 25 days ago

4675 N High St

Details
APN 010-086276
Property Type Mixed Use, Retail
Sub Type Storefront
Square Footage 6,322
Cap Rate 6.25%
NOI $132,388
Occupancy 100%
Tenancy Single
Brand/Tenant Rite Rug
Lease Type NNN
Lease Term 15
Lease Expiration 10/31/2029
Remaining Term 3.3
Rent Bumps Yes
Lease Options Two (5 Year)
Price per SqFt $335
Broker Co-Op Yes
Buildings 1
Stories 1
Acreage 0.350
Zoning UGN-1
Parking Spaces 18 spaces
Parking per 1,000 SqFt 2.85
Tenant Credit Corporate Guarantee
Lease Commencement 10/22/2014
Sale Condition For sale by owner

Mixed Use | 6.25% CAP | 6,322 SqFt

Marketing description

Introducing an exceptional investment opportunity in Columbus, Ohio!

4675 N High St

This prime property features a 6,322 sqft building situated on 0.35 acres of land with UGN-1 zoning. Boasting a strong lease with a corporate guaranty, the current rent of $132,388.56 yields a 6.25% cap rate. With 3 years remaining on the lease and two 5-year renewal options, this NNN lease offers stability and potential for future growth.

Located on the bustling N High St, this property benefits from high visibility and a strategic position near major shopping centers and prominent roads. Don't miss this rare opportunity to add a thriving asset to your investment portfolio in a sought-after Columbus location.

Contact us today for more information on 4675 N High St!

Listing Contacts

MZ
OH 2023006534
Zelnik Realty Ltd
MZ
OH 2005001200
Zelnik Realty Ltd
Listed by Zelnik Realty Ltd

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$132,388.00
$11,032.33/mo

Valuation Metrics

0
DSCR
6.25%
Cap Rate
6.25%
ROI

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Additional Information

Name
Mark W. Zelnik
License
2023006534
Brokerage
Zelnik Realty Ltd
Brokerage Phone
614-551-3719
Title
Real Estate Salesperson
Brokerage Address
500 Trillium Drive
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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