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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

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    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.
    (949) 724-5552
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    Washington Court House, OH 43160
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1650 Columbus Ave Washington Court House, OH 43160
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