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115 N Grant Ave Columbus, OH 43215

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For Sale
$120,000

99-year NNN leased parking lot in Columbus, OH CBD.

Lot size:
8.00 Acres

Property Features for 115 N Grant Ave

General Information

Lot size
8.00 Acres

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Listing Contact
Chuck Ciolino, Ccim
Source: Svn

Listing Agent: Chuck Ciolino, Ccim

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

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Overview

NNN Leased CBD Parking Lot

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.
Location Intelligence

Current Use by Public Records

Parking Parking Lot & Garage

Suggested Use

Restaurant Real Estate Agency Building Supply Spa & Massage Center Dental Office Big Box & Wholesale Store Auto Repair Shop Hair Salon Nail Salon Auto Parts Store

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

Similar Places Nearby

Avis Car Rental, Office Of the Ohio Insurance Liquidator, Parking spot, Thrifty Car Rental, Columbus Cars Rental

Location Insight

  • Map
  • Local Demand
City
Columbus
County
Delaware
State
Ohio
Longitude
-82.9908232
Latitude
39.9609547

FAQs

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.
More about this property
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