441 Ackerman Rd

For Sale

441 Ackerman Rd, Columbus, OH 43202

This Columbus property for sale is located at 441 Ackerman Rd. The general use of 441 Ackerman Rd is other and it incorporates 34,848 square feet of class B other space. The current listed sale price for 441 Ackerman Rd is $2,750,000. 441 Ackerman Rd is situated on a lot that is 2.81 acre in size.

Contacts

Michael Simpson

NAI Ohio Equities

Property Details

  • Property Type Other
  • Property Size 34,848 SF
  • Lot Size 2.81 Acre
  • Property Tenancy Single Tenant
  • Building Class B
  • Year Built 1984
  • Year Renovated 2014
  • Date Updated May 5, 2026
Located in one of Columbus’s most accessible and high-demand corridors, 441 Ackerman Rd places investors at the doorstep of The Ohio State University, just off State Route 315. The property offers unmatched proximity to major demand drivers, including OSU’s main campus, the Schottenstein Center, and Ohio Stadium—all within walking distance—making it an ideal location for capturing year-round university traffic, events, and business travel.This high-profile hotel ground lease offers a strong long-term investment with a base term running through 2049 and five-year extension options available through 2079. The Red Roof property is currently undergoing a $3 million renovation and includes 113 total rooms situated on 2.81 acres. The lease features 10% rental increases every five years and benefits from its close proximity to The Ohio State University.
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Highlights

  • $3M Renovation by Red Roof Underway
  • 1% to Cooperating Broker
  • 10% Rental Increases Every 5 Years
  • 113 Total Rooms
  • 5-Year Options Through 2079
  • Absolute Net, No Landlord Responsibilities
  • Base Term Through 2049
  • Close Proximity to The Ohio State University
  • High-Profile Hotel Ground Lease For Sale
  • Parcel ID: 010-294268, 010-294269
  • Situated on 2.81 Acres

Attachments

Getting around

  • 42/100

    Walk Score ®

  • 39/100

    Transit Score ®

  • 70/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Columbus, OH
  • Neighborhood OSU Campus
  • Zip Code 43202
  • Market Columbus

Points of Interest

  • Sunoco

    0.06 miles

  • GetGo

    0.62 miles

  • Turkey Hill

    0.63 miles

  • Speedway

    0.78 miles

  • Shell

    0.93 miles

  • UDF Fuel

    1.21 miles

  • United Dairy Farmers (UDF)

    1.66 miles

  • Tesla Supercharger

    3.24 miles

  • Buckeye Lot - 1

    0.37 miles

  • Buckeye Lot

    0.37 miles

  • West Lane Garage

    0.79 miles

  • Lane Avenue Parking Garage

    0.94 miles

  • Green Garage

    1.06 miles

  • Red Garage

    1.08 miles

  • Tuttle Park Place Garage

    1.09 miles

  • Northwest Garage

    1.10 miles

  • Mount Hall (WA)

    1.15 miles

  • Purple Garage

    1.15 miles

  • Red Roof Plus

    0.00 miles

  • Fairfield Inn & Suites Columbus OSU

    0.34 miles

  • Residence Inn

    0.44 miles

  • Staybridge Suites

    0.49 miles

  • Hampton Inn & Suites Columbus/University Area

    0.53 miles

  • Hilton Garden Inn

    0.61 miles

  • Motel 6

    0.66 miles

  • The Blackwell

    0.98 miles

  • The Wayfaring Buckeye Hostel

    1.26 miles

  • Homewood Suites by Hilton®

    1.64 miles

  • Giant Eagle

    0.60 miles

  • Mediterranean Foods Imports

    0.67 miles

  • Crestview Market

    0.68 miles

  • Lucky's Market

    0.71 miles

  • Kohl's

    0.76 miles

  • Kroger

    1.06 miles

  • Ohio Stater Mall

    1.24 miles

  • Target

    1.44 miles

  • ALDI

    1.57 miles

  • Whole Foods Market

    1.67 miles

Contact Listing Broker
Michael Simpson

NAI Ohio Equities

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