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Executive Summary
Investment Opportunity. SLAB BBQ leased this great location in July 2025. The entire building was built out and remodeled in 2020, TI Improvements in 2025. New 5 year lease with renewals. 9.5% CAP Rate This downtown Reynoldsburg location features off street parking, Full Kitchen, Open Patio and Balcony seating for a great year around atmosphere. Exposed Brick, warm environment for this incredible restaurant. Additional Public Parking is adjoining on the corner of Main and Lancaster. Reynoldsburg has invested in Street Improvements and makes this location extremely desirable for long term success. Perfect for Investor and great for 1031 Exchange. NNN Lease.
Property Facts
Sale Type
Investment NNN
Sale Condition
1031 Exchange
Property Type
Retail
Property Subtype
Restaurant
Building Size
3,548 SF
Building Class
C
Year Built/Renovated
1920/2020
Price
$650,000
Price Per SF
$183.20
Cap Rate
9.78%
NOI
$63,600
Tenancy
Single
Building Height
2 Stories
Building FAR
0.43
Lot Size
0.19 AC
Zoning
ORD
Parking
12 Spaces (3.38 Spaces per 1,000 SF Leased)
Frontage
93’ on E Main St
Amenities
- Pylon Sign
- Signage
Walk Score®
Very Walkable (82)
Nearby Major Retailers
Property Taxes
| Parcel Number | 060-000091 | Improvements Assessment | $90,550 |
| Land Assessment | $38,650 | Total Assessment | $129,200 |
Property Taxes
Parcel Number
060-000091
Land Assessment
$38,650
Improvements Assessment
$90,550
Total Assessment
$129,200
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7360 E Main St
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