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2415 N National Rd 4,161 SF 100% Leased Retail Building Columbus, IN 47201 $1,826,500 ($438.96/SF) 6.50% Cap Rate

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Executive Summary

Veritas Realty is pleased to present the sale listing of a two-tenant retail center in Columbus, IN. This property is located in the heart of the retail corridor and surrounded by national tenants such as Target, WalMart Supercenter, Kroger Marketplace, Lowe's, Walgreens, Starbucks, Panera Bread, Chipotle, Ulta Beauty, T.J. Maxx, Chick-Fil-A, Petco, Hobby Lobby, Best Buy, and many more. The retail center is located on N National Rd, which is the main North & South thoroughfare in the market, seeing an average of 29,818 cars daily. Because of its great placement and visibility, the center was able to attract both T-Mobile and Hot Box Pizza (first location in this market). T-Mobile is a world-leader in the telecom industry with over 75,000 employees and a 2024 Revenue of $81.4 Billion. Hot Box Pizza is a staple in Central Indiana with 22 existing locations and a reputation for the best pizza and breadsticks in the area.

Columbus Shoppes - Columbus, IN - OM

Property Facts

Sale Type

Investment

Property Type

Retail

Property Subtype

Freestanding

Building Size

4,161 SF

Building Class

Year Built

2006

Price

$1,826,500

Price Per SF

$438.96

Cap Rate

6.50%

NOI

$118,731

Percent Leased

100%

Tenancy

Multiple

Building Height

1 Story

Building FAR

0.18

Lot Size

0.54 AC

Zoning

Parking

32 Spaces (7.69 Spaces per 1,000 SF Leased)

Frontage

237’ on N National Road

Accommodation and Food Services
-
$9.99
Lorem Ipsum
Jan 0000

The truth is, you can get pizza at lots of places. But don't you just really want a good pizza? A pizza you can count on? A pizza that can satisfy your hunger for awesomeness? That's what they do, and that's all they do. Great pizza and stix (and yes, one salad) handcrafted and cooked with love. Everything we do is designed with one intention in mind… making you, and your face, a little happier than you were before you ordered. It's who they are, and if you're one of them, then you already get it. If you don't, you shouldn't try so hard! They keep it simple… Eat. Sleep. Rebel.