3977 Morse XingColumbus, OH 43219

Property Details for 3977 Morse Xing

Year built

1999

Lot size

1.79 AC

Property size (Sq ft)

6,003 SF

Property type

Drive through restaurants

APN

010-249387

APU

10249387

Description

This exceptional 7,272 square foot restaurant space is available for lease in the highly desirable Easton Market area of Columbus, Ohio. Situated on a 1.9+ acre lot, this single-tenant property boasts a prime location at a signalized entrance to the Easton Town Center, a major regional shopping and entertainment destination. The building features a spacious interior of 7,272 square feet, complemented by an outdoor patio area, ideal for expanding seating capacity and creating a vibrant atmosphere. The property's location within the Easton super regional trade area ensures high visibility and significant foot traffic, providing exceptional opportunities for a thriving restaurant business. The property is classified as Retail and Restaurant, specifically a restaurant subtype, within Franklin County. The address is 3977 Morse Crossing, Columbus, OH 43219. This turnkey opportunity offers a well-established space ready for immediate occupancy, benefiting from its strategic placement within a bustling commercial hub. The property's size and location make it an attractive prospect for a variety of restaurant concepts seeking a prominent presence in a high-traffic area. The existing infrastructure and convenient access points further enhance the property's appeal to potential lessees. This is a rare opportunity to secure a well-positioned restaurant space in one of Columbus's most sought-after commercial districts.

• CAP approach

  CAP return

  Valuation

  6%

  $1,763,360

  6.5%

  $1,627,717

  7%

  $1,511,452

• Comparable approach

  Method

  Valuation

  Relative Method

  $1,415,032

  Geo Method

  $1,415,032

• Alternative Use

  Use

  Valuation

  Residential

  $1,373,040

  Hospitality

  $1,257,698

  Educational

  $1,046,390

  Medical

  $1,082,377

  Retail

  $1,627,717

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.0508

Longitude

-82.9211

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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