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5240 East Main Street
Columbus, OH 43213
Asking Price
$1.80M
Asset Type
Restaurant Retail
Class
Class B
What's Special
High Traffic Corridor on Hard Corner Just Off of I-270 Outerbelt <p></p><p></p><p>SINGLE TENANT RETAIL PROPERTY: 7,500-SF former restaurant and bakery on a large 1.82 acre lot. Zoned for a variety of commercial and retail redevelopments. </p><p></p><p>• LARGE PARKING LOT: Fully lit parking area with 150 surface parking spaces, lighted pylon sign and port a cochere. </p><p></p><p>• HARD, SIGNALIZED CORNER LOCATION: Located along busy East Main street with two points of ingress and egress for easy access from all traffic directions. </p><p></p><p>• STRONG TRAFF
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NOI
$80,000
Cap Rate
4.44%
DSCR
0.75
Underwater
Cash-on-Cash
-4.98%
Monthly Payment
$8,905.418
Annual Cash Flow
$-26,865.015
