1100 Cleveland Ave Columbus, OH 43201-2920
This exceptional 1,663-square-foot retail space, previously a Church's Chicken, presents a unique investment opportunity in Columbus, Ohio. Located at the highly visible corner of Cleveland Avenue and E 5th Avenue, this property benefits from a high-traffic location right off the freeway, within the desirable Milo-Grogan Arena district. The single-story building sits on a 0.34-acre lot (APN: 010-132066) and is zoned for commercial use. Currently vacant, the property offers significant potential for a variety of restaurant concepts. A key advantage is the existing hood system, saving considerable time and expense for future tenants. The area is experiencing substantial growth, with major renovations and new construction underway, promising increased foot traffic and visibility for the future occupant. This NNN lease property provides a straightforward and attractive investment opportunity in a rapidly developing neighborhood. The property's convenient location and existing infrastructure make it an ideal choice for a discerning entrepreneur seeking a well-positioned restaurant space. The building's single-story design and ample lot size offer flexibility for potential expansion or outdoor seating. This is a rare chance to acquire a turnkey restaurant space in a prime Columbus location.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.