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Tractor Supply Co- Washington Court House, OH 1650 Columbus Ave

39,858 SF Retail Building Washington Court House, OH 43160 $3,270,600 CAD ($82 CAD/SF) 6.60% Cap Rate

Retail Buildings Ohio Washington Court House 1650 Columbus Ave, Washington Court House, OH 43160

Investment Highlights

  • Tractor Supply Co. Double-Net Lease with 8.2 Years Remaining in Washington Court House, OH
  • 5.4% Upcoming Rent Increase in June 2025 adds 36 bps to Cap Rate
  • Landlord Acquired Additional 1.37-Acre Land Parcel Adjacent to Building in 2023 & Leased to Tenant for Additional $9,600 Annual Rent
  • Low Rent of Only $3.82/SF; Offered Well-Below Replacement Cost at $58/SF
  • Minimal Landlord Responsibilities – Roof & Structure Only; Tenant Self-Maintains HVAC, Parking Lot, CAM & Insurance, Reimburses Taxes
  • Located Along Columbus Ave – Major Retail Corridor & Primary Arterial with 9,400 VPD; 19,600/5-Mi Population

Property Facts

Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Freestanding
Building Size
39,858 SF
Building Class
C
Year Built
1974
Price
$3,270,600 CAD
Price Per SF
$82 CAD
Cap Rate
6.60%
NOI
$215,860 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
6.75 AC
Zoning
C
Parking
315 Spaces (7.9 Spaces per 1,000 SF Leased)
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Nearby Major Retailers

Nathan's Famous-delivery Only
Bob Evans Restaurants
Frisch's Big Boy
Fifth Third Bank
U.S. Bank
PNC Bank
Anytime Fitness
The YMCA
Huntington National Bank

PROPERTY TAXES

Parcel Numbers
Multiple
  • 211-014-100-097-25
  • 211-014-100-097-01
 Improvements Assessment $989,783 CAD
Land Assessment $212,134 CAD Total Assessment $1,201,917 CAD

PROPERTY TAXES

Parcel Numbers
Multiple
  • 211-014-100-097-25
  • 211-014-100-097-01
Land Assessment
$212,134 CAD
Improvements Assessment
$989,783 CAD
Total Assessment
$1,201,917 CAD
(216) 264-2000

Contacts

  • Listing ID: 31535942

  • Date on Market: 2024-04-17

  • Last Updated:

  • Address: 1650 Columbus Ave, Washington Court House, OH 43160

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1650 Columbus Ave, Washington Court House, OH for sale Building Photo- Image 1 of 3
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Tractor Supply Co- Washington Court House, OH | 1650 Columbus Ave
(216) 264-2000 x

Tractor Supply Co- Washington Court House, OH | 1650 Columbus Ave

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Scott Wiles

(216) 264-2000

(216) 264-2000

Erin Patton

(614) 360-9800

(614) 360-9800

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