Dublin, OH Retail Property For Sale

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Retail for Sale

Dublin, OH 43016

Available for purchase or lease is this full service restaurant building. With over 6,000 SF this has formerly housed Mexican and BBQ style food services. Space is built out as a full restaurant with kitchen, restrooms, bar area and a spacious dining area. Kitchen has some equipment such as drink station, commercial sink, and shelving cabinets. The dining area is spacious and has ample room for guests. In addition to dining tables and chairs spread across the dining area, there are booths available. At the front of the building is a host station. Building design has recently been updated and looks more modern with an extravagant fire place in the center of the unit. Outside seating via brick patio attached to the building and faces Frantz Rd.

Retail for Sale

Dublin, OH 43016

Rare Availability for Similar Assets in Marketplace – High Barriers to Entry

Strong Sales – Low Rent to Sales Ratio

20 Year Roof Warranty

12,068 Residents in Growing Dublin Trade Area – Columbus MSA

5.2% In 2023 due to rent bump

6.8% In 2023 including percentage rent payments

Average Household Income Exceeds $112K in 5-Mile Radius

Ten Percent Rental Increases Every Five Years

Easy Access to the I-270 Freeway – 20 Minutes to Downtown Columbus

Minutes from The Ohio State University (66,000+ Students)

10 year initial term expiring 2/28/2028 (Tenant may be willing to extend lease early)

2 to 5 year options

10% rental increase every 5 years

Base Rent

Years 1 to 5: $161,500 NNN

Years 6 to 10: $177,650 NNN

Percentage Rent - 5% on any gross income exceeding 3 million in sales per year.

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