Restaurant with Drive-Thru
For Sale
Contact for pricing
763 Chestnut St, Nelsonville, OH
2,010 SF restaurant with drive-thru for lease.
Property Size2,010 SF
Lot Size0.29 Acres
Price / SF$298.51
Days on Market336
Property Features for 763 Chestnut St
General Information
Standard status
Active
Size
2,010 SF
Lot size
0.29 Acres
Property subtype
RETAIL
Lease Type
NNN
Properties For Sale
at 763 Chestnut St Contact us763 Chestnut St AVAILABLE, Now
Floor
Bldg
Size
2,010 SF
Type
RETAIL
Sublease
No
- 2,010 SF second-generation restaurant with drive-thru available for lease
- Opportunity comes with a spacious parking lot and has a large pylon sign already in place
- Nearby retailers include Kroger Marketplace, Family Dollar, Peoples Bank, Sonic Drive-In, McDonalds, Domino's Pizza, Unified Bank, Los Mariachis Restaurant, Subway, and Dollar General
- Property is located just minutes away from Ohio University, and offers populations of over 70,000 people in a 15-mile radius
Contact us 763 Chestnut St AVAILABLE, Now
Floor
Bldg
Size
2,010 SF
Type
RETAIL
Lease Type
NNN
Sublease
No
Property Overview
- Free Standing Building with a Drive-Thru window
- 2.010 sf former restaurant
- 0.47. acres
- Strong visibility from US 23
- Approx 5,000 ADT
- In the center of the retail activity
Contact us
Listing Agency:
Colliers | Columbus
(614) 436-9800
Listed By:
Gilli Zofan · License ##2017000450
(614) 593-6023
Source:
Moodyscre
Added: Nov 25, 2025
Changed: Oct 25
Last Checked: Oct 26 at 12:56PM
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 Colliers | Columbus
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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.
A 2,010 SF second-generation restaurant with a drive-thru is available for lease. The property includes a spacious parking lot and a large pylon sign. It is located near Kroger Marketplace, Family Dollar, Peoples Bank, Sonic Drive-In, McDonalds, Domino's Pizza, Unified Bank, Los Mariachis Restaurant, Subway, and Dollar General. The property is located minutes from Ohio University and serves a population of over 70,000 people within a 15-mile radius.
Key Highlights
- Existing 2,010 SF second‑generation restaurant space with drive‑thru.
- Spacious parking lot and existing large pylon sign.
- High traffic location near Kroger Marketplace, Family Dollar, Peoples Bank, Sonic Drive‑In, McDonalds and other retailers.
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$22,120
Cap Rate
3.69%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,400
$442.4K
Cap Rate 7%
$316,000
$316.0K
Cap Rate 9%
$245,778
$245.8K
Market Conditions
NOI Build-Up for 2,010 SF
Gross rent
$35.0K $17.40/SF
− Vacancy
−$5.5K −$2.73/SF
EGI
$29.5K $14.67/SF
− OpEx
−$7.4K −$3.67/SF
NOI
$22.1K $11.01/SF
Area
Athens County, OH
Vacancy
15.67%
Lease Rate
$17.40 /SF/Yr
Expense Ratio
25.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$442,400
Cap Rate 7%
$316,000
Cap Rate 9%
$245,778
Alternative Uses
Best Use
Specialty Retail
$316.0K
$276.5K – $368.7K
NOI $22,120 @ 7.0% cap · market cap 3.69%
Second Best
Retail
$203.4K
$178.0K – $237.3K
NOI $14,238 @ 7.0% cap · market cap 2.37%
Theoretical Best
Office A
$459.1K
$401.7K – $535.6K
NOI $32,134 @ 7.0% cap · market cap 5.36%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
367
Businesses Nearby
63k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Dining 39%
Shops & Services 28%
Groceries 26%
Home Improvements & Furnishings 6%
McDonald's
Dining
14,438 visits/mo
0.0 miles
Shop 'n Save
Groceries
10,905 visits/mo
0.1 miles
Circle K
Shops & Services
6,372 visits/mo
0.4 miles
Arby's
Dining
6,157 visits/mo
0.2 miles
Newton Falls IGA
Groceries
5,652 visits/mo
0.4 miles
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Retail in Midwest region
Frequently Asked Questions
What type of property is this?
Drive through restaurant - 2,010 SF restaurant with drive-thru for lease.
Where is this drive through restaurant located?
The property is located at 763 Chestnut St Nelsonville, OH.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: Existing 2,010 SF second‑generation restaurant space with drive‑thru.; Spacious parking lot and existing large pylon sign.; High traffic location near Kroger Marketplace, Family Dollar, Peoples Bank, Sonic Drive‑In, McDonalds and other retailers.
