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5819 Cleveland Ave
Columbus, OH 43231 Northern Woods

$995,000 USD

Freestanding For Sale  •  6,844 SF

Property Details

• Property Type Freestanding
• Total Building Size 6,844 SF
• Lot Size 0.97 AC
• Building Class B
• Year Built 1997
• Cap Rate 7.23 %
• Tenancy Single
• Zoning LC4

37 Transit Score

77 Walk Score

Highlights

FRESH 10-YEAR EARLY RENEWAL: In July 2024 the lease was amended to extend the term out to 10 Years through December 2034, communicating not only this

25+ YEAR OPERATING HISTORY: This location has been in operation for over 25 years with a history of renewals, signaling the significant commitment AAP

PRICED BELOW REPLACEMENT COST: With the cost of construction rising rapidly, at just under $145 PSF there is significant value in this basis since com

POWER-CENTER SHADOW ANCHORED: This Advance Auto Parts location is shadowed by the +250,000 SF Columbus Square Power Center which drives local retail t

COLUMBUS MARKET: Columbus is one of the fastest growing and affordable cities in the Midwest with strong employment and drivers such as the new $20B I

Cap Rate:

7.23 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Advance Auto Parts

Amenities

• Pylon Sign

Public Transportation

Airport	Drive	Walk	Distance
John Glenn Columbus International	18 min	-	9.9 mi
Rickenbacker International	36 min	-	26.8 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	37
Type:	Surface
Included in Rent:	Yes