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Meineke Auto Shop

2260 East Livingston Avenue, Columbus, OH 43209

For Sale
Contact for pricing

The property is subject to a 20-year NNN lease with scheduled rent increases.

Property Size4,464 SF
Lot Size0.53 Acres
Price / SF$264.29
Days on Market21

Property Features for 2260 East Livingston Avenue

General Information

Standard status Active
Size 4,464 SF
Lot size 0.53 Acres
Property subtype Retail

Site & Location

Neighborhood Mid East

Tenancy & Operations

Tenant in Place Yes
In-Place Lease Type NNN
Current Tenants Meineke Car Care
Real Estate Included Yes

Additional Details

Automotive Uses auto repair

Building Details

Buildings 1
Tenancy Single
Listing Agency: SURMOUNT
Listed By: Glen Kunofsky · License NY 49KU1129178
Source: Crexi
Added: Oct 20 Changed: Nov 9 Last Checked: Nov 9 at 1:42PM

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 SURMOUNT

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

The Meineke-branded auto shop contains 4,464 rentable square feet on an approximately 0.53-acre parcel. A 20-year NNN lease began on November 10, 2025, with rent increases of 10.00% every five years.

The property is located at 2260 East Livingston Avenue in Columbus, Ohio, 43209.

Key Highlights

  • 4,464 rentable square feet on an approximately 0.53‑acre parcel
  • 20‑year NNN lease commenced 11/10/2025
  • Scheduled rent increases of 10.00% every 5 years

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$51,465
Cap Rate
4.36%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,029,300 $1.0M
Cap Rate 7%
$735,214 $735.2K
Cap Rate 9%
$571,833 $571.8K
Market Conditions
NOI Build-Up for 4,464 SF
Gross rent
$80.4K $18.00/SF
− Vacancy
−$6.8K −$1.53/SF
EGI
$73.5K $16.47/SF
− OpEx
−$22.1K −$4.94/SF
NOI
$51.5K $11.53/SF
Area
Columbus, OH
Vacancy
8.50%
Lease Rate
$18.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,029,300
Cap Rate 7%
$735,214
Cap Rate 9%
$571,833

Alternative Uses

Best Use
Retail
$735.2K
$643.3K – $857.8K (±1% cap)
NOI $51,465 @ 7.0% cap · market cap 4.36%
Second Best
Industrial
$252.2K
$220.6K – $294.2K (±1% cap)
NOI $17,651 @ 7.0% cap · market cap 1.50%
Theoretical Best
Office A
$930.3K
$814.0K – $1.09M (±1% cap)
NOI $65,122 @ 7.0% cap · market cap 5.52%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Current Use

Tire Choice Auto ... (Bike/Boat/Book/etc) Store

Suggested Use

Top Pick Law Firm Dental Office Pharmacy HVAC Service Building Supply (Bike/Boat/Book/etc) Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Single-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

485
Businesses Nearby
Well-served
Demand for This Use

Demographics for 43209, OH

27,727
Population
12,689
Households
2.2
Avg Household Size
37
Median Age
57%
College-Educated
96%
High-School Grad
6.1 sq mi
ZIP Area
4,545
Density / Sq Mi
$88,155
Median Household Income
$48,128
Median Earnings
$1,105
Median Rent
$373,500
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Properties on Market for Auto shops in Columbus

Jul
Aug
Sep
Oct

Vacancy Rate% for Retail in Columbus, OH

5.4% 2019
5.2% 2020
4% 2021
3.8% 2022
3.5% 2023
3.8% 2024
4.1% 2025

Similar Off Market Nearby

  • Complete Auto Body & Glass — 1529 Alum Industrial Dr, Columbus, OH 43209
  • NAPA Collision Center — 1565 Alum Creek Dr, Columbus, OH 43209
  • CARSTAR Collision Center Columbus East — 1515 Alum Creek Dr, Columbus, OH 43209
  • 45 Degree Cycles — 1748 E Livingston Ave, Columbus, OH 43205
  • Avenue Auto Repair — 2172 E Livingston Ave, Columbus, OH 43209

Frequently Asked Questions

What type of property is this?
Auto shop - The property is subject to a 20-year NNN lease with scheduled rent increases.
Where is this auto shop located?
The property is located at 2260 East Livingston Avenue Columbus, OH.
What is the asking price?
The asking price for this property is $1,179,800.
What are key features of this property?
This property features: 4,464 rentable square feet on an approximately 0.53‑acre parcel; 20‑year NNN lease commenced 11/10/2025; Scheduled rent increases of 10.00% every 5 years
(332) 345-4222 Call to check price and availability
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