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1950 Hard Rd
Columbus, OH 43235
CVS Pharmacy · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-term commitment to the site with the tenant occupying this location for nearly 30 years
- Strong Traffic Exposure: Prominent frontage and signage along Hard Road and Smoky Row Road, with combined daily traffic counts exceeding 20,592
- Solid Demographics: 17,817 people within a 1 mile radius | 78,566 people within 3 mile radius
- High-Visibility Corner Location: Positioned at the signalized intersection of Hard Road and Smoky Row Road
- New Roof Installed in 2021
- Strong Household Income: Average household income is $86,647 within a 1 mile radius
EXECUTIVE SUMMARY
Long-term commitment to the site with the tenant occupying this location for nearly 30 years
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,348 SF
Building Class
B
Year Built
1997
Price
$2,927,784
Price Per SF
$258
Cap Rate
7%
NOI
$204,945
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.27 AC
Zoning
LC4
Parking
48 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signage
- Signalized Intersection
PROPERTY TAXES
| Parcel Number | 610-193731 | Improvements Assessment | $544,880 |
| Land Assessment | $375,660 | Total Assessment | $920,540 |
PROPERTY TAXES
Parcel Number
610-193731
Land Assessment
$375,660
Improvements Assessment
$544,880
Total Assessment
$920,540
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