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1405 E Dublin Granville Rd 8,531 SF Retail Building Columbus, OH 43229 $1,548,387 ($181.50/SF) 7.75% Cap Rate
Executive Summary
This ±8,531 SF high-performing neighborhood market generates strong annual sales exceeding $8 million, supported by healthy margins and an ultra-low rent ratio of under 2%. Featuring the largest meat selection of any grocer in the area, the store attracts steady foot traffic with its extensive inventory, convenient delivery service, and catering offerings. Positioned in a dense trade area, this asset presents a rare opportunity to acquire a thriving retail operation with built-in stability and strong upside potential.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,531 SF
Building Class
C
Year Built
1972
Price
$1,548,387
Price Per SF
$181.50
Cap Rate
7.75%
NOI
$120,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.44
Lot Size
0.45 AC
Zoning
CAC - Community Activity Center
Parking
27 Spaces (3.16 Spaces per 1,000 SF Leased)
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-132384 | Improvements Assessment | $158,690 |
| Land Assessment | $68,600 | Total Assessment | $227,290 |
Property Taxes
Parcel Number
010-132384
Land Assessment
$68,600
Improvements Assessment
$158,690
Total Assessment
$227,290
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1405 E Dublin Granville Rd
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