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5575 W Broad St
Columbus, OH 43228
Crash Champions - 10-Year NN Lease · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- 10-Year Lease Extension through 2034 with corporate-level guaranty; landlord is responsible for critical structural elements
- Delivered in 2008, the building spans 9,200 square feet on approximately 1.25 acres
- Within 1 mile: population of 16,133; within 5 miles: 182,060 residents;household incomes range from ~$75K–82K, indicating a stable customer base
- Step-up structure provides lease escalations in year 2029 and contractual extension opportunities
- Located at 5575 W Broad St in a densely populated corridor with easy access to major retail and traffic arteries.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
9,200 SF
Building Class
C
Year Built/Renovated
2008/2014
Price
$2,755,555
Price Per SF
$299.52
Cap Rate
6.75%
NOI
$186,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.17
Lot Size
1.23 AC
Parking
20 Spaces (2.17 Spaces per 1,000 SF Leased)
Frontage
140’ on W Broad St
PROPERTY TAXES
| Parcel Number | 570-286352 | Improvements Assessment | $324,210 |
| Land Assessment | $95,590 | Total Assessment | $419,800 |
PROPERTY TAXES
Parcel Number
570-286352
Land Assessment
$95,590
Improvements Assessment
$324,210
Total Assessment
$419,800
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