NNN Leased CBD Parking
For Sale
$120,000
115 N GRANT AVE, Columbus, OH 43215
99-year NNN leased parking lot in Columbus, OH CBD.
Property SizeContact for details
Lot Size0.20 Acres
Days on Market156
Property Features for 115 N GRANT AVE
General Information
Standard status
Active
Lot size
0.20 Acres
Property subtype
Land
Listing Agency:
SVN Wilson Commercial
(513) 720-1000
Listed By:
Chuck Ciolino, CCIM
(513) 720-1000
Source:
Svn
Added: Mar 6
Changed: Aug 8
Last Checked: Aug 8 at 2:16PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SVN Wilson Commercial
Investment Insights
Based on property information with market context.
This is an opportunity to acquire an absolute NNN leased parking lot in Columbus, OH. The property is leased to Allright Parking Columbus, Inc. until October 31, 2087, ensuring long-term stability and passive income. The current annual rent is $6,000. The property is a 0.20-acre parking lot located in the Columbus, OH CBD, near multiple state government buildings. Columbus, OH is the fastest-growing city in the Midwest, with a population of approximately 933,263 as of July 2024. The downtown core is undergoing a residential transformation, with the population surpassing 11,000 residents and projected to reach 17,100 by 2027. Downtown remains the region's primary employment hub, supported by more than 1.16 million total workers in the metro area. Major upcoming developments like the $2 billion airport expansion and the Scioto Peninsula phase 2 continue to drive daytime density. Connectivity is being revolutionized by the LinkUS initiative and The Capital Line, a $100 million, two-mile urban pathway exclusive to bike and pedestrian traffic that loops through the heart of downtown. Construction for this project is slated to begin in late 2025.
Key Highlights
- 99‑year absolute NNN lease to Allright Parking Columbus, Inc. expiring in 2087, ensuring long‑term passive income.
- Located in the rapidly growing downtown Columbus, OH, a primary employment hub.
- Bite‑size deal with a low purchase price of $120,000.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
3,628
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43215, OH
20,761
Population
13,428
Households
1.5
Avg Household Size
32
Median Age
71%
College-Educated
97%
High-School Grad
5.1 sq mi
ZIP Area
4,071
Density / Sq Mi
$74,469
Median Household Income
$59,521
Median Earnings
$1,487
Median Rent
$508,300
Median Home Value
Market
Vacancy Rate% for Retail in Columbus, OH
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Similar Off Market Nearby
- Enterprise Rent-A-Car — 396 E Main St, Columbus, OH 43215
- Office Of the Ohio Insurance Liquidator — 50 W Town St # 350, Columbus, OH 43215
- Parking spot — 270 E Town St, Columbus, OH 43215
- Thrifty Car Rental — Columbus, OH 43215
- Darden Enterprises LLC — 175 S 3rd St, Columbus, OH 43215
Frequently Asked Questions
What type of property is this?
Parking lot & garage - 99-year NNN leased parking lot in Columbus, OH CBD.
Where is this parking lot & garage located?
The property is located at 115 N GRANT AVE Columbus, OH.
What is the asking price?
The asking price for this property is $120,000.
What are key features of this property?
This property features: 99‑year absolute NNN lease to Allright Parking Columbus, Inc. expiring in 2087, ensuring long‑term passive income.; Located in the rapidly growing downtown Columbus, OH, a primary employment hub.; Bite‑size deal with a low purchase price of $120,000.
