Property summary
This exceptional investment opportunity presents a 6,672 square foot auto shop/storefront in Columbus, Ohio, currently leased to National Tire & Battery (NTB), now owned by Mavis Discount Tire, one of the largest independent automotive service businesses in the US. The property, built in 2002 and situated on a one-acre lot, features seven service bays. The current lease, a triple-net (NNN) agreement with a corporate guarantee from TBC Corporation, boasts a remaining term of approximately 3.3 years, followed by three five-year renewal options. The lease commenced February 28, 2003, and expires February 28, 2028. The property enjoys a 100% occupancy rate, generating a strong net operating income (NOI) of $132,213, resulting in a 7.00% cap rate. The asking price is $1,888,757.14, translating to $283.09 per square foot. This prime Columbus location benefits from excellent demographics and proximity to numerous national retailers. The lease includes rent bumps, demonstrating the tenant's commitment to the property's long-term success. This is a rare opportunity to acquire a stable, high-performing investment with a strong tenant and significant upside potential.
Property profile
VerifiedCap rate & NOI
Current use
-
Parking Lot & Garage
-
(Bike/Boat/Book/etc) Store Auto Parts Store
Location
Value estimations
Owner & transaction history
Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Value estimation
Instant AI valuation built from comps, income signals, and proprietary benchmarks. A defensible range, not a single guess.
from $99/month
Cap rate
Cap rate calculated from real income and expense signals, benchmarked against sales of similar assets nearby.
from $99/month
Price sensitivity
The rate is the decision lever; valuation is the consequence.
Property tax & assessments
Tax year 2023Property description
Physical attributes from public recordsZoning & alternative use
Zoning
The recorded zoning designation, what the district officially allows, and the municipal source it comes from.
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.
Find the owner behind the property.
Unlock the evidence behind ownership: portfolio, transactions, debt and signals that help you decide who to contact next.
Registration is required before any owner information is shown.
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 30 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
Cancel anytime.
- 300 reports a month
- Location Analytics
- Market Trends
- Full Property Data
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Calculation
- Ownership
- Location Insight
- Alternative use
- Local Zoning Insight
and get 1 Light Report
- Property Information
- Historical Records
- Value Estimation
- NOI Potential
- Cap Rate Potential
- Location Insight
- Alternative use
- Local Zoning Insight