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Meineke Car Care 2260 E Livingston Ave 4,097 SF Retail Building Columbus, OH 43209 $1,321,376 ($322.52/SF) 6.25% Cap Rate
Investment Highlights
- Brand New 20-Year Absolute Triple Net Lease
- Second-Largest Meineke Franchisee in the Nation — Operated by Marcor Under Driven Brands, Inc.
- Attractive 10% Rental Increases Every 5 Years
- Strong Franchise & Personal Guarantees
Executive Summary
Surmount is pleased to present the exclusive listing for a Meineke Car Care located at 2260 East Livingston Avenue, Columbus, OH 43209. The site consists of roughly 4,097 rentable square feet of building space on an estimated 0.50-acre parcel of land. This Meineke Car Care is subject to a 20-year Triple Net (NNN) lease, which commenced 11/10/2025. The current annual rent is $82,586 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,097 SF
Building Class
C
Year Built
1980
Price
$1,321,376
Price Per SF
$322.52
Cap Rate
6.25%
NOI
$82,586
Tenancy
Single
Building Height
1 Story
Building FAR
0.19
Lot Size
0.50 AC
Frontage
Amenities
- Pylon Sign
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
100/100
Some public transit
40/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 020-003064 | Improvements Assessment | $112,350 |
| Land Assessment | $108,780 | Total Assessment | $221,130 |
Property Taxes
Parcel Number
020-003064
Land Assessment
$108,780
Improvements Assessment
$112,350
Total Assessment
$221,130
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Meineke Car Care | 2260 E Livingston Ave
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