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34368066
34368067

3051 Northwest Boulevard, Columbus, OH 43221 For Sale

JR
OH 2018004012
MDC Realty Limited
Listed by MDC Realty Limited
$1,700,000
13 days on market
Updated 13 days ago

3051 Northwest Boulevard

Details
Property Type Retail, Hospitality
Sub Type Restaurant
Square Footage 3,200
Tenancy Single
Lease Type NNN
Lease Term 5
Remaining Term 3
Rent Bumps Yes
Lease Options 1
Class A
Parking Spaces 15 spaces
Parking per 1,000 SqFt 4.69
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No

Turnkey Investment Opportunity | 3,200 SF Fully Renovated Restaurant with Established Ope

Marketing description

Exceptional opportunity to acquire a fully renovated 3,200-square-foot restaurant property located at the highly visible intersection of Northwest Boulevard and North Star Road in the heart of Upper Arlington, one of Central Ohio's most affluent and sought-after communities.

The property has undergone an extensive renovation, offering investors and owner-users a modern, turnkey restaurant facility with updated interiors, contemporary finishes, upgraded mechanical systems, and a highly functional layout designed for efficient operations and exceptional customer experience.

Adding to the investment appeal, the property is occupied by an established restaurant operator with a proven operating history, strong community presence, and loyal customer base, providing immediate cash flow and operational stability from day one.

Situated just minutes from Downtown Columbus, Grandview Heights, The Ohio State University, and the Upper Arlington retail corridors, the property benefits from exceptional demographics, strong daytime employment, and one of the highest household income levels in Central Ohio. Upper Arlington residents boast median household incomes exceeding $150,000 and exceptionally high educational attainment levels, making the market particularly attractive for restaurant and hospitality operators.

The surrounding area continues to experience significant public and private investment through redevelopment projects and mixed-use growth, further strengthening the long-term outlook for hospitality and retail assets within the community.

The Northwest Boulevard corridor serves as one of Upper Arlington's primary commercial gateways, connecting affluent residential neighborhoods with major retail, dining, and employment centers throughout Central Ohio. The area is anchored by destinations including Kingsdale Shopping Center, Shops On Lane Avenue, and numerous established dining concepts such as Hudson 29 Kitchen + Drink and The Original Pancake House. The corridor benefits from exceptional barriers to entry and limited availability of restaurant real estate, supporting long-term value appreciation and strong tenant demand.

Investment highlights

Property Highlights

  • 3,200 SF freestanding restaurant building with outdoor patio
  • Fully renovated and move-in ready
  • Located on prominent Northwest Boulevard corridor in Upper Arlington
  • Established, profitable restaurant operator in place
  • Strong in-place cash flow with seasoned tenant
  • Turnkey investment opportunity
  • Excellent visibility and street presence
  • Dedicated on-site parking
  • Updated dining room, kitchen, bar, and customer areas
  • Modernized building systems and recent capital improvements
  • Located minutes from Downtown Columbus and The Ohio State University
  • Surrounded by affluent residential neighborhoods and established retail corridors
  • Immediate access to Grandview Heights, Upper Arlington, Marble Cliff, and the Northwest submarkets
  • Upper Arlington median household income exceeds $150,000 with one of the highest education attainment rates in Ohio.
  • Positioned within a mature and supply-constrained Upper Arlington market with limited restaurant ownership opportunities.

Listing Contacts

JR
OH 2018004012
MDC Realty Limited
Listed by MDC Realty Limited

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Additional Information

Name
Jennifer Rooney
License
2018004012
Brokerage Phone
614-383-9885
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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