Print all the details of this listing in a proper format by clicking the “Print Listing” link on the right-hand side of each listing.

Key Bank, N.A.

8609 Owenfield Drive, Powell, OH 43065

$2,889,000

2,660 SF | Retail

  • Share
  • Print

Key Bank

Retail Property For Sale

Price:
$2,889,000
Building Size:
2,660 SF
Price/SF:
$1,086.09
Property Type:
Retail
Property Sub-type:
Free Standing Bldg
Property Use Type:
Net Lease Investment with
4 years left on lease
Commission Split:
1%
Cap Rate:
6.75%
Occupancy:
100%
No. Stories:
1
Tenancy:
Single
Year Built:
2003
Lot Size:
1.12 AC
Listing ID
18572643
Last Updated
23 days ago

Find Out More...

Highlights

  • 15 Year NNN Lease (4 Years Remain) with 4, 5 Year Options to Renew
  • Rent Increases (9.8%) Every 5 Years
  • Strong Demographics and Household Income Provide for a Large Deposit Base
  • Strong Retail Trade Area: Walmart, The Home Depot, McDonald's, Chase, PNC, Marshall's, Kohl's, and many more
  • No Landlord Responsibilities

Description

The Property is a 2,660 square foot, freestanding single-tenant Key Bank branch location that is 100% leased to Key Bank, and is located at 8609 Owenfield Drive, Powell, OH.

The subject property is located on U.S. 23 at the hard corner of Owenfield Drive and Windbrush Avenue. Powell, Ohio is situated between the Scioto and Olentany Rivers, approximately 14 miles north of Columbus. Immediate surrounding retailers include: Walmart Supercenter, Home Depot, Kohl' s, Advance Auto Parts, Burger King and many others.

Financial Summary

  • Actual
  • $195,331

Map of 8609 Owenfield Drive, Powell, OH 43065 (Delaware County)

Research for 8609 Owenfield Drive, Powell, OH 43065 (Delaware County)

  • Demographics – Population, income & other demographics near 8609 Owenfield Drive
  • Research Price – Recent sales of similar properties
  • Property Record Data – Historical listings, current tax, mortgage, owners & tenant info for this building

Contact Listing Broker to find out more details.

Presented by The Net Lease Group
Request Additional Information
--ext
Contact Listing Broker

By clicking "Contact Listing Broker", you are indicating that you have read, understood, and agree to LoopNet's Terms and Conditions.

New to LoopNet? No problem. As a courtesy, LoopNet will automatically create a free account so that you can access more listing details, setup new listing alerts, and more.

We will not share your email address. View our Privacy Policy.

The Net Lease Group's Other Listings (View All)

Flowers Foods
Flowers Foods
Flowers Foods
Bunny Bread - Reduced Price
Flip Burger Boutique

Asking Price Index Trends for Powell, OH Retail For Sale

  Aug 14 vs. 3 mo.
prior
Y-O-Y
-
State
$77-0.2%-1.7%
-
Metro
$88+2.2%-8.0%
-
County
$138+13.8%+2.6%

View Powell Market Trends for other property types for sale or lease. Learn more about the chart info.

Key Bank, N.A.
  • Retail
  • $2,889,000
  • 2,660 SF