115 Grant ave - 99 Year Parking Lot Ground Lease 0.2 Acres of Commercial Land Offered at $120,000 in Columbus, OH 43215

Extremely unique and rare bite size opportunity to acquire an absolute NNN 99 year leased CBD Parking Lot in Columbus, OH. The property is leased to Allright Parking Columbus, Inc. until Oct. 31, 2087 ensuring long-term stability and fully passive income. Current rent is fixed at $6,000 per year until 2087.
This is a rare chance to own land with perpetual renewal potential and truly hands-off ownership.
Columbus, OH is the fastest-growing city in the Midwest, having recently reached a population of approximately 933,263 as of July 2024. The downtown core is undergoing a significant residential transformation, with the population surpassing 11,000 residents and projected to reach 17,100 by 2027. Downtown remains the region's primary employment hub, supported by more than 1.16 million total workers in the metro area. Major upcoming developments like the $2 billion airport expansion and the Scioto Peninsula phase 2 continue to drive daytime density. Connectivity is being revolutionized by the LinkUS initiative and The Capital Line, a $100 million, two-mile urban pathway exclusive to bike and pedestrian traffic that loops through the heart of downtown. Construction for this project is slated to begin in late 2025.
Columbus is home to many major corporate HQs or hubs such as Nationwide Insurance, The Ohio State University, Anduril, Amazon, Meta (Facebook), Google, Intel, Wendys International, The Limited Brands, Cardinal Health, American Electric Power, JP Morgan Chase (which operates massive local operations) and many more.