This Special Purpose Property is Off-Market.

7155 Corazon Drive
Dublin, OH 43016 ·

58,000 SF · Special Purpose For Sale

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Corazon Club & Spa

Price N/A Distressed Yes
Building Size 58,000 SF No. Stories 3
Property Type Special Purpose Tenancy Single
Property Sub-type Special Purpose (Other) Year Built 2007
Property Use Type Investment Lot Size 12.94 AC
Listing ID: 17434213 Date Created: 11/30/2011 Last Updated: 01/18/2012

Description

BANK OWNED PROPERTY. Corazón Club & Spa is a former health/fitness club facility that is located in the Tartan West subdivision of Dublin, Ohio. The property, comprised of 58,000 plus square feet is designed to offer a spa, salon, event facilities, dining rooms, wellness center, six outdoor tennis courts, and indoor and outdoor pools. The club overlooks eight plus acres of lake and waterfalls. Construction of the property began in November 2005 and was completed in 2007 for a total cost of over $23 million. The subject site is 12.944 plus acres.

Corazon is located in a newly developing portion of the northwest Columbus suburb of Dublin referred to as 'Tartan.' As growth has pushed north and west from Franklin County southeast portions of Union County and southern portions of Delaware County have been annexed into Dublin, and seen development continue. The area surrounding the subject property is one that is affluent and in the midst of growth. Average household income is above $130,000 in the immediate area and population is projected to increase over 12 percent within the next few years.

Highlights

  • REO ~ BANK OWNED PROPERTY
  • BANK IS MOTIVATED
  • Former Health & Fitness Club Facility - 58,000 SF
  • Excellent Repositioning Opportunity
  • Located in Affluent Suburb of Columbus, Ohio - Dublin
  • Property is in very good condition.

Research

7155 Corazon Drive, Dublin, OH 43016 (Franklin County)

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