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1879 Stringtown Rd
Grove City, OH 43123
Bob Evans · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Restaurant
Building Size
5,852 SF
Building Class
C
Year Built
1985
Tenancy
Single
Building Height
1 Story
Building FAR
0.07
Lot Size
2.00 AC
Zoning
Commercial
Parking
120 Spaces (20.51 Spaces per 1,000 SF Leased)
Frontage
220’ on Stringtown Rd

ABOUT 1879 STRINGTOWN RD , GROVE CITY, OH 43123

The subject investment property is positioned just off Interstate-71, less than 10 miles from the heart of downtown Columbus, Ohio’s capital and most populous city. This active portion of I-71 boasts an average traffic count of over 97,000 vehicles per day while the intersecting Stringtown Road, adjacent to the subject property, experiences daily traffic counts of over 30,700 vehicles. Within an immediate one-mile radius is a highly affluent suburban community with average household income exceeding $90,000. There are more than 53,120 individuals residing within a three-mile radius of the subject property and more than 143,500 individuals within a five-mile radius. The population within a one-mile radius is projected to increase by approximately 14 percent by 2023. This Bob Evan’s is strategically positioned on the hard corner of the signalized intersection between the extremely active Interstate-71 and Stringtown Road. This property benefits from its central position in a highly dense retail corridor that consists of national and local tenants, shopping centers, hospitality accommodations, schools and medical facilities, all within close proximity of the site. Major national tenants in the immediate area include: Walmart, Home Depot, Walgreens, Starbucks, Burger King, Target, Chipotle, McDonald’s, Taco Bell, and many more. Several hospitality accommodations are within walking distance of the subject property, including: Days Inn, Best Western, Red Roof Inn as well as the Hampton Inn & Suites. Grove City Methodist Hospital – a 79,850-square-foot medical facility, is less than a mile from the subject property. The subject property additionally sits in a very strong academic area, with multiple schools within a three-mile radius, including: Grove City High School, Monterey Elementary School, Brookpark Junior-High School, Highland Park Elementary School, Jackson Middle School, among more in the surrounding area. Grove City is located just outside the heart of downtown Columbus. Columbus is the capital of and the largest city in the state of Ohio with a population of over 850,000. It is also the 15th largest city in the United States. The city has a diverse economy basedon education, government, insurance, banking, fashion, defense, aviation, food, clothes, logistics, steel, energy, medical research, health care, hospitality, retail, and technology. Columbus is home to the Battelle Memorial Institute, the world's largest private research and development foundation; Chemical Abstracts Service, the world's largest clearinghouse of chemical information; NetJets, the world's largest fractional ownership jet aircraft fleet. Columbus is also home to The Ohio State University, one of the largest college campuses in the United States, with approximately 65,000 students and over 6,200 faculty, and one of the most competitive intercollegiate programs in the nation.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
040-005958
Land Assessment
$332,400
Improvements Assessment
$138,640
Total Assessment
$471,040
  • Listing ID: 17396831

  • Date on Market: 10/8/2019

  • Last Updated:

  • Address: 1879 Stringtown Rd, Grove City, OH 43123

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