1150 Dublin Road

Estimated Monthly Payment: $13,147/mo 1150 Dublin Road, Columbus, OH 43215 MLS# 220008640 Retail Listing Status: Active

Courtesy of Douglas T Tenenbaum - HER, Realtors

192
206
2
4

REMARKS:

Essential Retailer. 6.25% Cap Rate. Approx 16.42% ROE with 20% down. Single tenant absolute net leased Rite Rug. Hard corner, signalized intersection, 21, 172 ADT. Rite Rug is the 5th largest flooring retailer in the country with 33 locations & the largest privately held flooring company in the country. 10. years lease term remaining with annual 1.5% rent escalations starting 3/17/2021 & includes the renewal options. Absolute NNN lease with no landlord responsibilities. Completely renovated (2014-2015): new roof, HVAC, electric plumbing, restrooms, fixtures, lighting, storefront windows/entry doors, flooring, interior & parking lot. Strong infill location, dense demographics, major national retailers in the immediate trade area include Starbucks, Wendy's, Tim Hortons, BP, Smokehouse Brew

OVERVIEW:

Retail
Active
1965
0.62
Gas

FINANCIAL:

$2,376,000
$27,743
2019

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of Douglas T Tenenbaum - HER, Realtors 

 

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