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1650 Columbus Ave Washington Court House, OH 43160

For Sale
$2,557,000

Single tenant investment opportunity with over 7 years remaining.

Property size:
39,858 SF
Lot size:
6.75 Acres

Property Features for 1650 Columbus Ave

General Information

Size
39,858 SF
Lot size
6.75 Acres

Source: Colliers Agent Jereme Snyder

Displayed information is deemed reliable but is not guaranteed and should be independently verified.


Overview

Tractor Supply Net Leased Property

This single-tenant net-leased property in Washington Court House, OH, presents an investment opportunity. The tenant, Tractor Supply Company (NASDAQ: TSCO), holds an investment-grade credit rating of “BBB” from S&P and operates over 2,200 locations across 49 states. With annual sales exceeding $14.8 billion, the company is ranked 293 on the Fortune 500 List. The net lease has over 7 years remaining in the primary term, recently extended, with rent increases scheduled during both the primary term and option periods. Landlord responsibilities are minimal. The tenant took over the Quality Fleet and Farm lease in 2002 and extended their lease in 2020. The property includes a 39,775 SF building on a 6.75-acre parcel. It is located along Columbus Avenue (U.S. Hwy 62), which experiences over 13,300 vehicles per day, and benefits from visibility and accessibility. Nearby retailers include CVS Pharmacy, Walgreens, Ace Hardware, Ollie’s Bargain Market, Bealls Outlet, Save A Lot, McDonald’s, Burger King, and Dairy Queen.
Insight Report Location Intelligence

Current Use by Public Records

Storefront properties

Suggested Use

Restaurant Realty agency Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store Nail Salon

Zoning and permitted uses should be independently verified with local authorities.

Location Insight

  • Map
  • Local Demand
City
Washington Court House
County
Fayette
State
Ohio
Longitude
-83.4244985
Latitude
39.5494862

FAQs

What type of property is this?
Storefront property - Single tenant investment opportunity with over 7 years remaining.
Where is this storefront property located?
The property is located at 1650 Columbus Ave Washington Court House, OH.
What is the asking price?
The asking price for this property is $2,557,000.
What are key features of this property?
This property features: - Investment grade credit rating of "BBB" from S&P for Tractor Supply Company (NASDAQ: TSCO).; - Net lease with over 7 years remaining in the primary term (recently extended).; - Tenant (Tractor Supply) has a proven track record at this location, taking over the lease in 2002 and extending in 2020.
More about this property
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