890 Dublin Granville Rd Columbus, OH 43229-2416
This exceptional investment opportunity presents a fee-simple ownership of a single-story, 2,860 square foot Pizza Hut restaurant located at 890 E Dublin Granville Rd, Columbus, OH 43229. Built in 2006 on a 0.67-acre lot, this property boasts a strong location directly off Interstate 71, less than 10 miles north of Columbus, within a manufacturing corridor featuring national credit automotive tenants. The property is offered at $1,536,000, representing a price per square foot of $537.06 and a compelling 7.00% cap rate. The current Net Operating Income (NOI) stands at $107,522. This is an absolute NNN lease with a franchisee tenant, providing a passive income stream. The lease features a remaining term of 9.4 years with annual rent bumps of 1.25%, ensuring consistent growth in rental income. The property is classified as retail, specifically a restaurant and storefront, and represents a secure, high-return net lease investment. This is a single-tenant property offering a stable and predictable income stream for investors seeking a strong, established brand in a desirable location. The property's proximity to major transportation routes and established businesses further enhances its investment appeal.
-
Pizza Hut Restaurant
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendProperty tax & assessments
Tax year 2023Comparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.