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1596 S Parsons Ave
Columbus, OH 43207
Dollar General · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Reposition or Redevelopment Opportunity: Ideal for investors seeking value-add potential
- Modern Construction on Compact Site: Built in 2013, the property features a 9,295 SF building situated on a 0.83-acre lot
- Strong Traffic Exposure: Prominent frontage and signage along Parsons Avenue and E Markison Ave, with combined daily traffic counts exceeding 18,466
- Absolute Net Lease w/ Corporate Guarantee: Corporate guaranteed lease paid through July 31, 2028, with zero landlord responsibilities
- High-Visibility Corner Location: Positioned at the signalized intersection of Parsons Avenue and East Markison Avenue
- Solid Demographics: 17,302 people within a 1 mile radius | 97,750 people within 3 mile radius | 287,506 people within a 5 mile radius
EXECUTIVE SUMMARY
Reposition or Redevelopment Opportunity: Ideal for investors seeking value-add potential
PROPERTY FACTS Under Contract
Sale Type
Investment or Owner User
Property Type
Retail
Property Subtype
Freestanding
Building Size
9,100 SF
Building Class
C
Year Built
2013
Price
$1,225,000
Price Per SF
$134.62
Cap Rate
10.17%
NOI
$124,548
Tenancy
Single
Building Height
1 Story
Building FAR
0.25
Lot Size
0.83 AC
Opportunity Zone
Yes
Zoning
UGN-1 - Mixed-Use, Urban General
Parking
22 Spaces (2.42 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 010-021097 | Improvements Assessment | $593,460 |
| Land Assessment | $56,980 | Total Assessment | $650,440 |
PROPERTY TAXES
Parcel Number
010-021097
Land Assessment
$56,980
Improvements Assessment
$593,460
Total Assessment
$650,440
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