Columbus commercial real estate is difficult because five or six major developers own virtually everything in the metro. Unlike other metros where developers build, tenant, then sell and move on to the next project, Columbus commercial real estate developers build, tenant the property and keep.

This is about all there is for sale that’s Columbus commercial real estate in the metro that’s NNN triple net leased properties.

Chipotle – Bexley Ohio
Absolute NNN Triple Net
$1,663,158
4.75 cap
10+ years unexpired on lease
2,900 sq ft
$573.50 per ft

CVS Portfolio of three
Columbus, Massachusetts and Maryland
Absolute Net NNN Triple Net
$8,038,380
7.75 cap
10 year unexpired on lease average
36,400 sq ft
$220.83 per ft

 

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