Equity

As Seen In Columbus Business First | Bogey Bar & Grill

EXCLUSIVE: Bogey Bar & Grill owner buys 5-acre Dublin Road site – here are his plans

 

 

 

 

 

 

The owner of Dublin’s Bogey Bar & Grill has purchased a 5-acre site nearby on Dublin Road for development.

The site is mostly undeveloped but for a small shed and cell tower.

Jeff Parenteau this spring acquired the 9732 Dublin Road property, which is in the Shawnee Hills area of Delaware County.

He plans to add 45,000 square feet of self-storage and 20,000 square feet of retail.

The site is directly north of the Strader’s Garden Center and about a half-mile from the intersection of Dublin and Glick roads.

The family selling the property lived there for decades but in 1998 razed a home for the cell tower, said Amy Osborn, who represented the sellers in the $920,000 deal.

Osborn said the property was rezoned for commercial use and finally sold after a 17-year-long process. Her father, Brent Osborn, listed the property from 2000 to 2010 before handing it off.

“(Parenteau) had a relationship (with Shawnee Hills), being in the neighborhood,” Osborn said.

The cell tower generates income of $2,000 per month, according to a marketing brochure for the property.

“It was one of our biggest hindrances because it’s placed directly in the middle of the 5 acres,” Osborn told me. “That was kind of the big thumb that stuck out on that property.”

Parenteau said the self-storage will be west of the tower, set back off Dublin Road. Plans are being finalized and no timeline for development was given.

Kevin Hart of Keller Williams commercial represented the buyer, MBA Holdings Company Ltd., of which Parenteau is a majority owner. Parenteau said he has silent partners in the investment.