8380 N High St Columbus, OH
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New construction NNN ground lease in affluent Columbus submarket.
Type:RETAIL
Property size:
510 SFLot size:
0.89 AcresPrice / SF:
$2,369/SF- Added:
- Mar 3, 2025
- Days on Market:
- 422
- Last Refresh:
- Apr 5 at 10:49 pm
Property Features for 8380 N High St
General Information
- Standard status
- Active
- Size
- 510 SF
- Lot size
- 0.89 Acres
- Property subtype
- RETAIL
Listing agent Craig Fuller
Listing office Marcus & Millichap | Cleveland (216) 264-2000
Listing date Mar 3, 2025
Source Moodyscre
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 Marcus & Millichap | Cleveland
Overview
New Construction NNN Ground Lease
This is a brand new construction completed in 2024. The property is under an absolute NNN ground lease with over 14 years remaining and zero landlord responsibilities. It is strategically positioned on a major commuter route (US-23) with direct frontage to 58,000+ vehicles per day at the signalized intersection with Lazelle, just to the north. The property is located in a high-density trade area with a 3-mile population of 84,000 and a 5-mile population of 227,000. The annual rent is $72,500, with a 12% increase in 4 years and every 5 years thereafter. The lease is guaranteed by a top-performing franchisee in Ohio with 22 units in operation and an additional 58 units planned over the next 5 years. The property is located 5 miles south of Delaware, one of Ohio’s fastest-growing cities. It is in close proximity to New Albany, Powell and Dublin. The property is backed by Orangewood Partners and co-located with one of Pacific Bells’ ~300 Taco Bell locations. The property is situated in an affluent submarket of Columbus MSA with an average household income of $149,000.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Coffee shops
Similar Places Nearby
- Starbucks — 339 N Front St, Columbus, OH 43215
- Hopewell Cafe — 130 e chestnut st, columbus, oh 43215
- Perks Coffee & More — 350 N High St, Columbus, OH 43215
- Bagel Street Deli — 171 N 4th St, Columbus, OH 43215
- Starbucks — 400 N High St, Columbus, OH 43215
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Delaware
- State
- Ohio
- Longitude
- -83.0161
- Latitude
- 40.1342
Nearby Similar for Sale
FAQs
What type of property is this?
Coffee shop - New construction NNN ground lease in affluent Columbus submarket.
Where is this coffee shop located?
The property is located at 8380 N High St Columbus, OH.
What is the asking price?
The asking price for this property is $1,208,333.
What are key features of this property?
This property features: Absolute NNN Ground Lease with over 14 years remaining.; Strategic location on major US‑23 commuter route with high traffic volume (58,000+ VPD) at a signalized intersection.; Located in an affluent Columbus MSA submarket with a high Average Household Income of $149,000.
