2127 Livingston Ave Columbus, OH 43209

This exceptional investment opportunity presents a brand-new, single-tenant Starbucks located at 2127 E Livingston Ave, Columbus, OH 43209. Built in 2024, this 1,125 square foot, free-standing building sits on a 0.56-acre lot and boasts a 10-year NNN lease commencing September 24, 2023, and expiring September 30, 2033. The property features a drive-thru and a pylon sign, generating additional income from a separate lease with Outfront Media. The property enjoys a 100% occupancy rate, producing a strong net operating income (NOI) of $150,730, resulting in a 5.70% cap rate. The property is zoned for commercial use and benefits from its location near Capital University in the affluent Bexley suburb, an area characterized by high average home prices and household incomes. High visibility and accessibility are ensured by its proximity to major roadways and intersections. The surrounding area includes a diverse mix of retail, dining, and service businesses, creating a vibrant commercial environment. This is a drive-thru-only location, representing Starbucks' newest concept. The asking price for this exceptional investment is $2,645,000. The Franklin County property (APN: 010-011501) offers a compelling combination of strong tenant, prime location, and significant income potential.