Single-Tenant Vacant-User
Large Parcel, Signalized Intersection Redevelopment Opportunity
5240 E Main St, Columbus, OH 43213
Listing Price: $1,800,000
Tenant Name
Vacant
Years Remaining On Lease
0.3
Guarantor
No Guarantee
Rentable SF
7,500
Lease Type
Triple Net (NNN)
Investment Overview
Marcus & Millichap is pleased to present the offering for a large parcel, signalized intersection redevelopment opportunity in Columbus, Ohio.
Investment Highlights
- SINGLE TENANT RETAIL PROPERTY: 7,500-Square-Foot Former Restaurant and Bakery on a Large 1.82 Acre Lot. Zoned for a Variety of Commercial and Retail Redevelopments.
- LARGE PARKING LOT: Fully Lit Parking Area with 150 Surface Parking Spaces, Lighted Pylon Sign and Port a Cochere.
- HARD, SIGNALIZED CORNER LOCATION: Located Along Busy East Main Street with Two Points of Ingress and Egress for Easy Access from All Traffic Directions.
- STRONG TRAFFIC LOCATION: Located Just Off of Interstate 270/Columbus Outerbelt, Seeing Over 115,000 Vehicles per Day (VPD). E. Main Street Sees Over 19,000 Vehicles per Day. The Intersection Provides Easy Crosswalk Access and City Bus Stops Adjacent to the Property.
- DENSE RETAIL AND RESIDENTIAL CORRIDOR: E Main Street is a Major Transit Link Connecting the Reynoldsburg Suburb Through Whitehall and Bexley into Downtown Columbus,Jjust Five Miles from the Property.
- PROXIMITY TO MAJOR TRAFFIC DRIVERS: The Property is Eight Miles from Columbus John Glenn International Airport which Sees Over Nine Million Annual Passengers and 15 Miles from Ohio State University with Over 60,000 Students.
- STRONG AND GROWING DEMOGRAPHICS: The Population Exceeds 247,800 within Five-Miles of the Property and is Projected to Increase by 2030.
- CORPORATE AND GOVERNMENT PRESENCE: Columbus is the State Capital and a National Transportation Hub, Home to Five Fortune 500 Companies. The Region has also Emerged as a Major Data Center Hub for Tech Giants Including Meta,Google and Amazon.
Exclusively Listed By
Financing By
Single-Tenant Vacant-User
Large Parcel, Signalized Intersection Redevelopment Opportunity
Listing Price: $1,800,000
Tenant Name
Vacant
Years Remaining On Lease
0.3
Guarantor
No Guarantee
Rentable SF
7,500
Lease Type
Triple Net (NNN)
Investment Highlights
- SINGLE TENANT RETAIL PROPERTY: 7,500-Square-Foot Former Restaurant and Bakery on a Large 1.82 Acre Lot. Zoned for a Variety of Commercial and Retail Redevelopments.
- LARGE PARKING LOT: Fully Lit Parking Area with 150 Surface Parking Spaces, Lighted Pylon Sign and Port a Cochere.
- HARD, SIGNALIZED CORNER LOCATION: Located Along Busy East Main Street with Two Points of Ingress and Egress for Easy Access from All Traffic Directions.
- STRONG TRAFFIC LOCATION: Located Just Off of Interstate 270/Columbus Outerbelt, Seeing Over 115,000 Vehicles per Day (VPD). E. Main Street Sees Over 19,000 Vehicles per Day. The Intersection Provides Easy Crosswalk Access and City Bus Stops Adjacent to the Property.
- DENSE RETAIL AND RESIDENTIAL CORRIDOR: E Main Street is a Major Transit Link Connecting the Reynoldsburg Suburb Through Whitehall and Bexley into Downtown Columbus,Jjust Five Miles from the Property.
- PROXIMITY TO MAJOR TRAFFIC DRIVERS: The Property is Eight Miles from Columbus John Glenn International Airport which Sees Over Nine Million Annual Passengers and 15 Miles from Ohio State University with Over 60,000 Students.
- STRONG AND GROWING DEMOGRAPHICS: The Population Exceeds 247,800 within Five-Miles of the Property and is Projected to Increase by 2030.
- CORPORATE AND GOVERNMENT PRESENCE: Columbus is the State Capital and a National Transportation Hub, Home to Five Fortune 500 Companies. The Region has also Emerged as a Major Data Center Hub for Tech Giants Including Meta,Google and Amazon.
Investment Overview
Marcus & Millichap is pleased to present the offering for a large parcel, signalized intersection redevelopment opportunity in Columbus, Ohio.
Exclusively Listed By
Financing By