About 176 Columbus Ave
Investor's Utopia! Prime commercial property offering exceptional passive income with a $90,000/year Triple Net (NNN) lease in place. This long-term, established restaurant tenant has a proven track record of success, providing reliable returns with minimal landlord responsibilities. Located in a high-visibility, high-traffic area, this asset is perfectly positioned for steady growth. The building and structure are in excellent condition, featuring recent exterior facade updates, a newer roof, and fully updated mechanical systems including HVAC-limiting future capital expenditures.
This investment delivers a strong cap rate, stable tenancy, and low overhead-making it a perfect 1031 tax exchange canidate. Opportunities like this are rare: quality tenant, solid lease, prime location, and updated infrastructure.
Do the math - You won't find a more stable return in today's market.
Pricing and availability subject to change.
Amenities
| Utilities |
Natural Gas Available, Municipal Utilities, Water Connected, Sewer Connected
|
| Is Waterfront |
No
|
| Has Pool |
No
|
Interior
| Heating |
Forced Air, Gas
|
| Cooling |
Central Air
|
| Fireplace |
No
|
| Has Basement |
Yes
|
| Basement |
Full
|
Exterior
| Exterior |
Frame, Masonry
|
| Construction |
Frame, Masonry
|
| Foundation |
Combination, Concrete Perimeter
|
