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Drive-Thru Restaurant Redevelopment Site

1325 E Dublin Granville Road Columbus Columbus, OH 43229

1325 E Dublin Granville Road Columbus, Columbus, OH, 43229
$1,300,000
Pending
For Sale
$1,300,000
Pending

Multi-bay drive-thru building on a corner lot with 25 on-site parking spaces and dual entry points.

Property Size6,126 SF
Lot Size1.07 Acres
Days on Market12

Property Features for 1325 E Dublin Granville Road Columbus

General Information

Standard status
Pending
Size
6,126 SF
Lot size
1.07 Acres

Building Details

Year Built
1971
Listing agency
Listed by Angela Rossiter
Source Leonardandnewland
Added: Jul 10 Updated: Jul 11 at 2:57AM Checked: Jul 11 at 2:57AM

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 Angela Rossiter


Investment Insights

Based on property information with market context.

This sale opportunity includes an approximately 6,126-square-foot building on a 1.065-acre corner lot. The property features three (3) drive-thru bays and a finished basement with restrooms and multiple rooms. The main level includes counters, as well as office space and additional rooms.

The site sits on the SW corner of E. Dublin Granville Road (SR 161) and Satinwood Drive, positioned between I-71 and Karl Road. The location is described as a high-traffic corridor with over 35,000 VPD+ and provides quick access to I-71 exits, along with 25 on-site parking spaces and dual entry points for circulation.

Recent zoning changes are noted as expanding permitted uses to include a wide range of general commercial and retail options such as gas station, car wash, and QSR, along with auto parts/rentals.

Key Highlights

  • 6,126 SF drive‑thru building on a 1.06‑acre corner lot at E. Dublin Granville Rd (SR 161) and Satinwood Dr
  • Three (3) drive‑thru bays plus a finished basement with restrooms and multiple rooms
  • Main level includes counters and office space

Local Financial Insights For Industrial

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $132.3k $21.60
− Vacancy −$5.3k −$0.86
EGI $127.0k $20.74
− OpEx −$38.1k −$6.22
NOI $88.9k $14.52
6,126 SF · lease $21.60/SF/yr · vacancy 4.00% · expense 30.00%

Alternative Uses

Best Use
Industrial
$1.27M
$1.11M – $1.48M (±1% cap)
NOI $88,920 @ 7.0% cap · market cap 6.84%
Second Best
Specialty Retail
$947.1K
$828.7K – $1.10M (±1% cap)
NOI $66,299 @ 7.0% cap · market cap 5.10%
Theoretical Best
Warehouse
$1.54M
$1.35M – $1.80M (±1% cap)
NOI $107,974 @ 7.0% cap · market cap 8.31%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Location Intelligence

Current Use by Public Records

ATM Atm

Suggested Use

Real Estate Agency Dental Office Parking Lot & Garage Law Firm Building Supply Skin Care Clinic (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Locksmith Furniture & Home Goods

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

FAQs

What type of property is this?
Drive through restaurant - Multi-bay drive-thru building on a corner lot with 25 on-site parking spaces and dual entry points.
Where is this drive through restaurant located?
The property is located at 1325 E Dublin Granville Road Columbus Columbus, OH.
What is the asking price?
The asking price for this property is $1,300,000.
What are key features of this property?
This property features: 6,126 SF drive‑thru building on a 1.06‑acre corner lot at E. Dublin Granville Rd (SR 161) and Satinwood Dr; Three (3) drive‑thru bays plus a finished basement with restrooms and multiple rooms; Main level includes counters and office space
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