1815 Columbus Ave, Washington Court House, OH
Second-generation restaurant with drive-thru, pylon signage, and ample parking.
- Added:
- Jan 24, 2025
- Days on Market:
- 505
- Last Refresh:
- May 20 at 9:26 pm
Property Features for 1815 Columbus Ave
General Information
- Standard status
- Active
- Size
- 5,004 SF
- Lot size
- 1.17 Acres
- Property subtype
- RETAIL
Listing agent Zamaris M Garcia License #OH 74368 (513) 382-5413
Listing office OnSite Retail Group (513) 382-5413
Listing date Jan 24, 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 OnSite Retail Group
HighLights
- 2nd Generation Restaurant Property with Drive‑Thru
- Right on Columbus Ave., U.S. Hwy 62
- Great Visibility
- Valuable Pylon Signage Available
- Ample Parking
- Tight Market with Minimal Vacancy
Overview
Local Financial Insights For Specialty Retail
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 | $135.1k | $27.00 |
| − Vacancy | −$4.8k | −$0.97 |
| EGI | $130.3k | $26.03 |
| − OpEx | −$32.6k | −$6.51 |
| NOI | $97.7k | $19.53 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Washington Court House
- County
- Fayette
- State
- Ohio
- Longitude
- -83.4217
- Latitude
- 39.5515
