2425-2429 West Broad Street

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2425-2429 West Broad Street

Columbus, OH 43204
Asking Price
$315K
Asset Type
Retail
Class
Class B

What's Special

2425-2429 West Broad Street is located in the Greater Hilltop area of Columbus, Ohio, approximately four miles west of the central business district. The property occupies a prominent position along a high-traffic commercial corridor characterized by a mix of local retail, service-oriented businesses, and established residential pockets. The location is served by the COTA bus system and offers direct access to Interstate 70 and State Route 315, facilitating regional connectivity. Nearby amenities include several food service establishments, community parks, and local public schools. The asset’s configuration and road visibility make it suitable for a variety of retail and professional service applications. Ideal use cases include neighborhood-scale retail, specialty grocery, or franchise operations requiring significant street frontage. The typical tenant profile includes service providers such as insurance agencies, mobile phone retailers, or medical clinics that benefit from high pedestrian activity and constant vehicular flow. The property is designed to serve the daily needs of the surrounding densely populated residential community.

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NOI
$80,000
Cap Rate
25.40%
DSCR
4.28
Strong
Cash-on-Cash
64.87%
Monthly Payment
$1,558.448
Annual Cash Flow
$61,298.622

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