You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
OFF-MARKET
Retail properties & Spaces

1235 Columbus Ave Lebanon, OH 45036

2,443 SF 0.8 ac lot Built 2023
Property ID
Property summary
AI-generated overview

This exceptional investment opportunity presents a fee-simple interest in a brand-new, 2,443 square-foot Chipotle Mexican Grill located at 1235 Columbus Ave, Lebanon, OH 45036. Built in 2023, this single-tenant property boasts a 14.1-year remaining lease term with a corporate guarantee, offering significant passive income potential. The lease includes 10% rent bumps every five years and four, five-year renewal options, ensuring long-term stability. The property sits on a 0.8-acre lot in a high-traffic area with 11,390 vehicles passing daily on Columbus Avenue, which intersects with US-42 (21,950 VPD). The strong location is further enhanced by its proximity to a high-performing Kroger, attracting 1.5 million annual visitors, and a top-performing strip center. The average household income within a five-mile radius is $119,000, reflecting a robust consumer base. The property's Net Operating Income (NOI) is $140,430, resulting in a 5.50% cap rate and a price per square foot of $1,045.03. This investment offers a compelling combination of strong tenant, long-term lease, and prime location within the Cincinnati MSA, making it an attractive addition to any portfolio. The asking price is $2,553,000. The property benefits from a 100% occupancy rate and significant population growth (8.2% in the past 10 years) within a five-mile radius. This is a rare opportunity to acquire a high-performing, corporately-guaranteed, net-leased asset with exceptional long-term prospects.

Property profile
Verified
Property type Retail properties & Spaces
Year built 2023
Total area 2,443 SF
Lot 0.8 ac (34,848 SF)
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
by Request
Owner & transaction history
Owner on record
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 1235 Columbus Ave?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
List this address →
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message