3977 Morse Xing Columbus, OH 43219
- Drive through restaurants
- 6,003 SF
- 1.79 lot acres
Current Use by Public Records
- Red Robin Gourmet Burgers and Brews / American Restaurant / Bar
Property Details for 3977 Morse Xing
- Year built
- 1999
- Lot size
- 1.79 lot acres
- Property size
- 6,003 SF
- Property type
- Drive through restaurants
- APN
- 010-249387
- APU
- 10249387
Description
This exceptional 7,272 square foot restaurant space is available for lease in the highly desirable Easton Market area of Columbus, Ohio. Situated on a 1.9+ acre lot, this single-tenant property boasts a prime location at a signalized entrance to the Easton Town Center, a major regional shopping and entertainment destination. The building features a spacious interior of 7,272 square feet, complemented by an outdoor patio area, ideal for expanding seating capacity and creating a vibrant atmosphere. The property's location within the Easton super regional trade area ensures high visibility and significant foot traffic, providing exceptional opportunities for a thriving restaurant business. The property is classified as Retail and Restaurant, specifically a restaurant subtype, within Franklin County. The address is 3977 Morse Crossing, Columbus, OH 43219. This turnkey opportunity offers a well-established space ready for immediate occupancy, benefiting from its strategic placement within a bustling commercial hub. The property's size and location make it an attractive prospect for a variety of restaurant concepts seeking a prominent presence in a high-traffic area. The existing infrastructure and convenient access points further enhance the property's appeal to potential lessees. This is a rare opportunity to secure a well-positioned restaurant space in one of Columbus's most sought-after commercial districts.
Value Estimation
-
AI approach
- CAP return
- Estimation
- Estimation
- $2,645,000
-
CAP approach
- CAP return
- Estimation
- 6%
- $2,735,000
- 6.5%
- $2,580,000
- 7%
- $2,750,000
-
Comparable approach
- Method
- Estimation
- Relative Method
- $2,560,000
- Geo Method
- $2,445,000
-
Alternative Use
- Use
- Estimation
- Distribution
- $2,485,000
- Retail
- $3,110,000
- Mixed-Use
- $2,705,000
- Hospitality
- $2,330,000
- Educational
- $3,030,000
- Residential Income
- $2,645,000
- Energy
- $2,685,000
- Income-Based Land
- $2,425,000
- Food Service
- $2,865,000
Location Insight
- Map
- Local Demand
- City
- Columbus
- County
- Franklin
- State
- Ohio
- Longitude
- -82.9211
- Latitude
- 40.0508
- CBSA code
- 18140
- CBSA name
- COLUMBUS, OH METROPOLITAN STATISTICAL AREA
