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Meineke Car Care 845 Park Rd 4,485 SF Retail Building Columbus, OH 43085 $2,218,659 CAD ($494.68 CAD/SF) 6.25% Cap Rate
Investment Highlights
- Brand New 20-Year Absolute Triple Net Lease
- Second-Largest Meineke Franchisee in the Nation — Operated by Marcor Under Driven Brands, Inc.
- Attractive 10% Rental Increases Every 5 Years
- Strong Franchise & Personal Guarantees
Executive Summary
Surmount is pleased to present the exclusive listing for a Meineke Car Care located at 845 Park Rd, Columbus, OH 43085. The site consists of roughly 4,485 rentable square feet of building space on an estimated 1.31-acre parcel of land. This Meineke Car Care is subject to a 20-year Triple Net (NNN) lease, which commenced 11/10/2025. The current annual rent is $102,314 and has scheduled increases of 10.00% every 5 years.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
4,485 SF
Building Class
B
Year Built
2025
Price
$2,218,659 CAD
Price Per SF
$494.68 CAD
Cap Rate
6.25%
NOI
$138,666 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
1.31 AC
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $87,143 CAD | |
| Land Assessment | $378,393 CAD | Total Assessment | $465,536 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$378,393 CAD
Improvements Assessment
$87,143 CAD
Total Assessment
$465,536 CAD
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Meineke Car Care | 845 Park Rd
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