1650 Morse Rd Columbus, OH 43229

Building Details

Year Built

2018

Listing agency Faris Lee Investments s***@farislee.com Show Phone

Listed by Scott De Young · License #CalDRE #01889050 Show Phone

Source Farislee

Added: Mar 6 Updated: Jul 6 at 10:51AM Checked: Jul 21 at 5:26AM

Report an Issue

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 Faris Lee Investments

---

Investment Insights

Based on property information with market context.

Located in Columbus, Ohio, this property features a long-term NNN ground lease with Bank of America, which has been operating at the site since 2019. Bank of America handles all expenses. The property is situated in the Morse Road retail corridor near I-71, benefiting from high traffic volume of over 30,200 vehicles per day and strong national retail co-tenancy. The area is a highly affluent and dense trade area near the I-70/I-71 intersection. The property benefits from 5-year rent increases. Bank of America has over $6.9 billion in branch deposits. Bank of America is an investment-grade, NYSE-listed company (BAC) with an A+ credit rating, over $388 billion market cap, and global operations. Bank of America is the U.S.’s 2nd largest bank, holding over 10% of all American deposits.

Key Highlights

• Long‑term NNN ground lease with Bank of America for passive income.
• Bank of America (BAC): Investment‑grade tenant with A+ credit rating and a $388B+ market cap.
• Bank of America has a strong presence with 6.9B+ in branch deposits.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,089,000

  5,867 SF

  Medical Office and Counseling Building

  Recently renovated office space at 845 West Broad Street includes private offices, conference rooms, and waiting areas.

  845 West Broad Street, Columbus, OH 43222

  View Details
• 

  $2,650,000

  7,500 SF

  Flex Office & Multi-Bay Garage

  Turnkey office suites and a 7-bay garage provide front-office and storage functionality in one package.

  880 King Ave & 896 King Ave, Columbus, OH 43212

  View Details
• 

  $800,000

  6,194 SF

  Freestanding Restaurant Building

  Freestanding commercial building with a full basement and first-floor commercial kitchen area for restaurant operators.

  1771 W 5th Ave, Columbus, OH 43212

  View Details
• 

  $1,750,000

  40,763 SF

  Masonry Office Building with Parking

  A Columbus office building with 220 parking spaces, elevator service, and C-4 zoning, positioned for owner-user or conversion.

  6500-6500 Busch Blvd, Columbus, OH 43229

  View Details
• 

  $150,000

  4,120 SF

  Retail Storefront with Basement Storage

  Leased retail space built for furniture and appliance sales, featuring a basement storage area, cooking hood, and remodeled restroom.

  744 Harrisburg Pike, Columbus, OH 43223

  View Details
• 

  $5,074,634

  13,806 SF

  Columbus Retail Strip Center

  13,806 SF retail strip center in Columbus, Ohio.

  4030-4038 Morse Rd, Columbus, OH 43219

  View Details
• 

  $2,150,000

  10,490 SF

  Columbus Medical Office Building For Sale

  Single-story medical office building with two suites and ample parking.

  6503 E Broad St, Columbus, OH 43213

  View Details
• 

  $800,000

  6,194 SF

  Freestanding Retail Building with Apartments

  Zoned C, this 1925 freestanding building combines retail space with walk-up apartments above.

  1771-1773 W 5th Ave, Columbus, OH 43212

  View Details
• 

  $2,250,000

  9,662 SF

  Medical/Office Building Investment Opportunity

  9,662 SF medical/office building for sale in Columbus, OH

  55 Dillmont Dr Columbus, OH 43235

  View Details
• 

  $500,000

  9,152 SF

  Art Deco Warehouse with Loft

  Art Deco warehouse with an office-convertible loft, drive-in access, and ample on-site parking on three parcels.

  1991 South Champion Avenue, Columbus, OH 43207

  View Details
• 

  $1,150,000

  7,430 SF

  Stand Alone Office Building

  Standalone office building with large windows, covered parking, and prominent monument signage along Dublin Road.

  1375 Dublin Rd, Columbus, OH 43215

  View Details
• 

  $590,000

  6,528 SF

  Masonry Block Warehouse with Overhead Doors

  Automotive-configured masonry warehouse with four overhead doors and surface parking, plus a city-approved site plan.

  50 Hosack Street, Columbus, OH, OH 43207

  View Details

FAQs

What type of property is this?

Bank - NNN ground lease with Bank of America in Columbus, Ohio.

Where is this bank located?

The property is located at 1650 Morse Rd Columbus, OH.

What is the asking price?

The asking price for this property is $1,638,000.

What are key features of this property?

This property features: Long‑term NNN ground lease with Bank of America for passive income.; Bank of America (BAC): Investment‑grade tenant with A+ credit rating and a $388B+ market cap.; Bank of America has a strong presence with 6.9B+ in branch deposits.