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34397573
34397572

3085 Olentangy River Road, Columbus, OH 43202 For Sale

BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
HA
GA GA 388927
Tire Business Group
AC
GA 392364
Listed by Bang Realty, Tire Business Group
$1,350,000
4 days on market
Updated 4 days ago
Opportunity zone

6-Bay Auto shop (Ohio State University)

Details
Property Type Retail
Sub Type Auto Shop
Square Footage 3,956
NOI $42,500
Tenancy Single
Brand/Tenant Monro, Tire Choice
Lease Type Absolute NNN
Lease Expiration 06/30/2030
Lease Options None
Price per SqFt $341
Acreage 0.370
Investment Type Net Lease
Tenant Credit Credit Rated, Corporate Guarantee
Ground Lease No

Short-Term Lease // Currently tenanted by Tire Choice (Monro)

Marketing description

6-Bay Auto Shop Across from Ohio State at 3085 Olentangy River Rd, Columbus, OH 43202 offers a rare chance to secure a high-visibility automotive property in one of Columbus’s most dynamic corridors. Positioned on a signalized corner with 16,000+ vehicles per day and just 0.5 miles from Ohio State University, this 3,956 SF service facility sits directly adjacent to a campus of 60,000+ students and within a dense population base of 20,000+ residents in just 2.5 square miles. This turnkey 6-bay automotive facility is ideal for an owner-user seeking a strategic entry into the market. The property is currently leased to Monro, Inc. through June 30, 2030, providing $42,500 in annual absolute NNN income with no landlord responsibilities and no renewal options remaining. That creates a clear, near-term path to future owner-operator control. Offered at $1,350,000, this is more than a passive investment—it’s a compelling opportunity to acquire well-located real estate today, collect interim income, and step into an established automotive location in under four years.

Investment highlights

Offered at $1,350,000, this acquisition secures a signalized corner lot half a mile

from Ohio State University with a defined, near-term path to owner-operator

control. Monro's lease runs through June 30, 2030 - under 4 years from today -

with no renewal options remaining. In the meantime, in-place absolute NNN rent of

$42,500 per year offsets the cost of ownership with zero landlord responsibilities.

This is a real estate and operating acquisition first, priced for a buyer planning to run

the location, not a passive cap-rate hold.

Listing Contacts

BB
OH BRK.200900214, WV B200300608 (+21)
Bang Realty
HA
GA GA 388927
Tire Business Group
AC
GA 392364
Listed by Bang Realty, Tire Business Group

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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$42,500.00
$3,541.67/mo

Valuation Metrics

0
DSCR
3.15%
Cap Rate
3.15%
ROI

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Additional Information

Name
Brian Brockman
License
BRK.200900214
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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