2435 Brice Rd - Restaurant FOR SALE


Reynoldsburg, OH 43068
$980,000 USD
614-329-4358
2435 Brice Rd, Reynoldsburg, OH for Sale
$980,000 USD
Restaurant - FOR SALE
1/29
null | 8.85% Cap Rate

2435 Brice Rd
Reynoldsburg, OH 43068


HIGHLIGHTS

  • Located on a highly traveled commercial thoroughfare with close access to I-70.
  • New 5-year lease executed with an established restaurant operator and renewal options.
  • Investment Opportunity.
  • Positioned within a dense retail trade area providing consistent consumer traffic.

OVERVIEW

This single-tenant investment opportunity features a free-standing restaurant positioned on approximately 1.15 acres along Brice Road, a highly trafficked commercial corridor in Reynoldsburg, Ohio. The property is subject to a new 5-year lease with an established operator and includes renewal options, ensuring dependable cash flow and continuity for ownership. Offered at $980,000 with an 8.85% cap rate, the site provides a solid return profile for investors seeking stable income-generating assets. The building benefits from excellent visibility and accessibility, located near the I-70 Brice Road interchange, a key east-west route offering smooth connectivity throughout the Columbus metropolitan area. With 120 on-site parking spaces and zoning under the Community Activity Center designation, the property is designed to support high-volume restaurant operations and customer convenience. Prominent pylon signage further enhances exposure. Owner financing may be available, creating additional flexibility for qualified buyers. This asset is well-suited for investors who value strong traffic counts, long-term tenancy, and adaptable retail positioning within a thriving suburban market.

FOR SALE DETAILS

PRICE

$980,000 USD

PRICE/SF

$176 USD /SF

CAP RATE

8.85%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1972

SPRINKLERS

-

PARKING SPACES

120

LAND DETAILS

LAND ACRES

1.16 AC

LAND SF

50,682 SF

ZONING

CAC

APN/PARCEL ID

010-011165

ASK ABOUT THIS PROPERTY

Ray MassaNational Investment Realty LLCMore Info
614-329-4358

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Ray MassaNational Investment Realty LLCMore Info
614-329-4358

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.