459 Agler Rd Columbus, OH 43230-2483

This exceptional investment opportunity presents a fee-simple interest in a 21,636-square-foot retail building situated on 2.077 acres in Gahanna, Ohio. The property is 100% occupied by two investment-grade tenants, Family Dollar and AutoZone, under long-term net leases with minimal landlord responsibilities. The leases commenced January 1, 2014, and currently have approximately 3.4 years remaining, with five 5-year renewal options at a 10% rent increase per option. The property boasts a strong 8.00% cap rate and a Net Operating Income (NOI) of $177,176, based on an asking price of $2,214,704. Built in 1967, this multi-tenant property benefits from its prime location on Agler Road in Gahanna, offering excellent visibility and proximity to major transportation routes, including U.S. Route 62 and John Glenn Columbus International Airport. The property is situated within a thriving retail corridor and enjoys strong demographics, with a population of 65,834 within a three-mile radius and an average household income of $92,124 within one mile. The property's parcel number is 025-007165. This offering provides a compelling combination of strong tenants, a favorable lease structure, and a desirable location within a robust market. The price per square foot is $102.36.