Auto Parts
Bowman Tire & Repair Center
6032 E Livingston Ave, Columbus, OH 43232
Listing Price: $320,000
Investment Overview
Local tire shop lease with four years remaining in Columbus, Ohio. Below-market $27k rent/NOI on 0.73 acre high-traffic (16,803 VPD) retail corridor. Located on major four-lane east/west corridor (Livingston Avenue) – 16,803 VPD. Just 0.7-miles from I-70 (75,250 VPD) exit ramps at Brice Road.
Bowman Tire & Repair Center
Investment Highlights
- Local Tire Shop Lease with Four Years Remaining in Columbus, Ohio
- Executed a Five-Year Renewal in 2023 Demonstrating Strong Commitment to Site
- Base Year Modified Triple-Net Lease Terms Protect Landlord from NOI Slippage Due to any Future Tax or Insurance Increases
- No Renewal Options Providing Landlord Flexibility in Increasing Rent or Re-tenanting in 2028
- Minimal Landlord Responsibilities – Roof/Structure & HVAC Over $1,000. Tenant Self-Maintains Parking Lot & CAM.
Exclusively Listed By
Listing Price: $320,000
Investment Highlights
- Local Tire Shop Lease with Four Years Remaining in Columbus, Ohio
- Executed a Five-Year Renewal in 2023 Demonstrating Strong Commitment to Site
- Base Year Modified Triple-Net Lease Terms Protect Landlord from NOI Slippage Due to any Future Tax or Insurance Increases
- No Renewal Options Providing Landlord Flexibility in Increasing Rent or Re-tenanting in 2028
- Minimal Landlord Responsibilities – Roof/Structure & HVAC Over $1,000. Tenant Self-Maintains Parking Lot & CAM.
Investment Overview
Local tire shop lease with four years remaining in Columbus, Ohio. Below-market $27k rent/NOI on 0.73 acre high-traffic (16,803 VPD) retail corridor. Located on major four-lane east/west corridor (Livingston Avenue) – 16,803 VPD. Just 0.7-miles from I-70 (75,250 VPD) exit ramps at Brice Road.
Exclusively Listed By
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