Property summary
This single-tenant retail property, located at 1565 N National Road in Columbus, Indiana, offers a compelling investment opportunity. The 1,485 square foot building, constructed in 2005, sits on one acre of land and benefits from a highly visible location surrounded by established brand-name retailers, ensuring consistent high traffic. The property features ample parking with 50 spaces, a recently updated parking lot, and a new marquee sign, enhancing its curb appeal and visibility. Currently occupied by a Starbucks, the property boasts a new 10-year lease, providing exceptional stability and predictable income. The building is a single-story structure with C-2 zoning, offering flexibility for future uses. The property's parcel number is 03-96-20-120-000.100-005, and it is situated in Bartholomew County, Indiana, zip code 47201. The net operating income is $6.25 per square foot. This turnkey investment offers a rare combination of strong tenant occupancy, prime location, and modern amenities, making it an ideal addition to any portfolio.
Property profile
VerifiedCap rate & NOI
Current use
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Gym & Fitness Center
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
Zoning
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No zoning code is on file for this parcel. Zoning coverage grows with every catalog release — check back, or open Location Intelligence for use analysis of this corner.
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