3645 North High Street , Columbus, OH
Shopping Center for Sale - $2,950,000 - 5,942 Sq. Ft. on 25308 acres
Agent Info
Name | Kevin Boasberg |
Property Info
CIMLS # | 1026057 |
Location | 3645 North High Street Columbus OH 43214 |
Last Updated | September 11th, 2018 |
Type | Shopping Center |
Price | $2,950,000 |
Building | 5,942 Sq. Ft. |
Land | 25308 acres |
Demographics | View data |
Contact
Property Description
Commercial Real Estate Network is pleased to offer for sale The Clintonville Commons. This vibrant three tenant shopping center of approximately +- 5,942 square feet, 100% percent occupied located in Clintonville, a suburb of Columbus, Ohio. Anchored by Chase Bank, Sbarro (Rare Drive-Thru location) and Phia Hair Salon, the property offers a stable and dynamic tenant mix. This shopping center features a diverse income stream that includes two national tenants. This property is ideally positioned to take advantage of the highly trafficked thoroughfare North High Street. Clintonville Commons offers an investor an opportunity to acquire a retail shopping center with several national tenants in a prime Columbus location. To the local residents, this asset is a pedestrian destination to the adjacent neighborhood. Located on a Commercial Corridor, the Clintonville Commons is only ten minutes away from The Ohio State University, one of the country' s largest public universities, with an enrollment of over 66,000 students. Nearby retailers included Kroger’s Supermarket, Starbucks, Pizza Hut, Wendy’s, AutoZone and Verizon.
Broker of Record - John Hoty Enterprises Inc. OH#2001013563
Financials
Offering Summary:
Price: $2,950.000
Cap Rate: 5.9%(09/01/18)/6.0%(12/01/18)
Net Operating Income: $174,868.80/$176,589.80
Occupancy: 100%
Building Size SF: 5,942
Price/SF: $496.47
Total Land SF: 25,308
Ownership: Fee Simple
Zoning: Commercial
Parking Spaces: +- 37 plus 2 Handicap
Parking Ratio: 6.23: 1,000 SF
APN: 010-058704
Number of Stories: One
Number of Buildings: One
Year Built: 2004