Turn-Key Automotive Retail
For Sale
$1,700,000
6269-6275 E Main Street, Reynoldsburg, OH 43068
For-sale automotive and retail property offered turn-key with 100% occupancy by established tenants.
Property Size12,153 SF
Price / SF$139.88
Days on Market196
Property Features for 6269-6275 E Main Street
General Information
Standard status
Active
Size
12,153 SF
Property subtype
Retail
Occupancy
100%
Additional Details
Business Included
Yes
Highway Access
Yes
Taxes and HOA fees
Annual Taxes
$31,440
Building Details
Building Size
12,153 SF
Year Built
1988
Tenancy
Multi
Listing Agency:
e-Merge Real Estate
Listed By:
Terry L Ferguson · License #184924
(614) 214-2470
Source:
Camtaylor
Added: Apr 10
Changed: Oct 10
Last Checked: Oct 21 at 3:14AM
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 e-Merge Real Estate
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Investment Insights
Based on property information with market context.
This for-sale commercial asset is positioned for immediate, turn-key income, with 100% occupancy and established, reliable tenants. The property is identified within the market as an automotive and retail space, offering an income-producing setup for an investor seeking a ready-to-operate situation.
The property is located at the high-traffic junction along the Main Street and Brice Road corridor in Reynoldsburg, Ohio, and is described as having excellent freeway access. This combination of visibility and access is a key component of the property’s day-to-day commercial draw.
The offering includes both the 6269–6275 E Main Street address range and the existing tenant occupancy as presented in the remarks.
The property is located at the high-traffic junction along the Main Street and Brice Road corridor in Reynoldsburg, Ohio, and is described as having excellent freeway access. This combination of visibility and access is a key component of the property’s day-to-day commercial draw.
The offering includes both the 6269–6275 E Main Street address range and the existing tenant occupancy as presented in the remarks.
Key Highlights
- Commercial property built in 1988
- 100% occupancy with established tenants
- Automotive and retail property offered turn‑key
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$141,204
Cap Rate
8.31%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,824,080
$2.8M
Cap Rate 7%
$2,017,200
$2.0M
Cap Rate 9%
$1,568,933
$1.6M
Market Conditions
NOI Build-Up for 12,153 SF
Gross rent
$265.4K $21.84/SF
− Vacancy
−$63.7K −$5.24/SF
EGI
$201.7K $16.60/SF
− OpEx
−$60.5K −$4.98/SF
NOI
$141.2K $11.62/SF
Area
Franklin County, OH
Vacancy
24.00%
Lease Rate
$21.84 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$2,824,080
Cap Rate 7%
$2,017,200
Cap Rate 9%
$1,568,933
Alternative Uses
Best Use
Retail
$2.31M
$2.02M – $2.70M
NOI $161,873 @ 7.0% cap · market cap 9.52%
Second Best
Industrial
$2.02M
$1.77M – $2.35M
NOI $141,204 @ 7.0% cap · market cap 8.31%
Theoretical Best
Specialty Retail
$2.48M
$2.17M – $2.89M
NOI $173,435 @ 7.0% cap · market cap 10.20%
Zoning and permitted uses should be independently verified with authorities.
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Property Analytics
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Open Analytics
Current Use
Lease Details
100%
Occupancy
Multi-tenant
Tenancy
Turnkey business
Opportunity
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
860
Businesses Nearby
Well-served
Demand for This Use
Explore this area
Business Placement
Demographics for 43068, OH
59,585
Population
25,294
Households
2.4
Avg Household Size
36
Median Age
30%
College-Educated
91%
High-School Grad
19.6 sq mi
ZIP Area
3,040
Density / Sq Mi
$70,451
Median Household Income
$42,327
Median Earnings
$1,214
Median Rent
$225,500
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Retail in Midwest region
Similar Off Market Nearby
- Steagalls Mobile Auto Service — 5809 Riverton Rd, Columbus, OH 43232
- My Personal Auto Care — 6031 E Main St Suite 162, Columbus, OH 43213
- Stonewall Collision & Auto Painting — 6301 E Main St, Columbus, OH 43213
- The Shoppe — 6475 E Main St Suite 100, Reynoldsburg, OH 43068
- Carmeleon Skins — 6475 E Main St Suite 125, Reynoldsburg, OH 43068
Frequently Asked Questions
What type of property is this?
Auto shop - For-sale automotive and retail property offered turn-key with 100% occupancy by established tenants.
Where is this auto shop located?
The property is located at 6269-6275 E Main Street Reynoldsburg, OH.
What is the asking price?
The asking price for this property is $1,700,000.
What are key features of this property?
This property features: Commercial property built in 1988; 100% occupancy with established tenants; Automotive and retail property offered turn‑key
