3911 E Broad St Columbus, OH 43213

This exceptional investment opportunity presents a 4,380-square-foot Take 5 Car Wash situated on a 0.92-acre lot at 3911 E Broad St, Whitehall, Ohio, 43213. The property boasts a 20-year NNN lease with approximately 14.7 years remaining, commencing July 19, 2019, and expiring July 19, 2039. The lease includes a corporate guarantee from Driven Brands Inc., providing significant security. The current annual net operating income (NOI) stands at $215,408, representing a compelling 6.50% cap rate on the $3,313,969 asking price. Annual rent increases of 1.75% are built into the lease throughout the initial term and four subsequent five-year renewal options. The property benefits from its strategic location, approximately 5.5 miles east of downtown Columbus and near John Glenn Columbus International Airport. Built in 2016, this well-maintained car wash offers a low-risk, high-return investment with potential tax advantages, including eligibility for 60% bonus depreciation and a 15-year straight-line method (consult your tax advisor for details). The property is 100% occupied, minimizing vacancy concerns. This offering presents a rare chance to acquire a stable, high-performing asset in a desirable location. The property is a single-tenant operation with zero landlord responsibilities.