1211 Morse Rd Columbus, OH 43229-6320

This Columbus, Ohio, retail property offers a compelling investment opportunity featuring a fee-simple ownership of a 10,812 square foot, single-story building on a 1.06-acre lot. The property is currently leased to CVS Pharmacy under an absolute NNN lease with approximately 13.7 years remaining until the lease expiration date of July 31, 2038. The lease commenced on December 20, 2001, and includes ten 5-year renewal options. The property boasts a strong 6.00% cap rate and a net operating income (NOI) of $170,000, resulting in an asking price of $2,834,000, or approximately $269 per square foot. The building was renovated in 2001 and is situated at 1211 Morse Rd, Columbus, OH 43229, within a high-traffic commercial area of Franklin County. This investment presents a passive income opportunity with minimal landlord responsibilities, backed by a nationally recognized tenant with a long-term lease. The property's location and lease terms provide investors with a stable, predictable cash flow stream. This is a prime opportunity for investors seeking a low-management, high-return investment.