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3100 Cleveland Ave
Columbus, OH 43224
CVS Oak Street Health · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Long-Term Commitment to the Site with the Tenant Occupying this Location for Over 30 Years
- Positioned at the Signalized Intersection of Oakland Park Ave (11,000+ VPD) and Cleveland Ave (21,800+ VPD)
- New Roof Installed in 2017
- Lease Supports Four (4), 5-Year Options with Increases in Each Option
- Easily Accessible with Multiple Access Points and Ample Parking Spaces
- Situated within a Retail Corridor Surrounded by National Retailers Including McDonald's, Popeye's, Taco Bell, Wendy's, and KFC
EXECUTIVE SUMMARY
Long-Term Commitment to the Site with the Tenant Occupying this Location for Over 30 Years
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Building Size
11,500 SF
Building Class
B
Year Built
1975
Price
$2,981,270
Price Per SF
$259.24
Cap Rate
7%
NOI
$208,689
Tenancy
Single
Building Height
1 Story
Building FAR
0.26
Lot Size
1.00 AC
Zoning
C, Commercial
Parking
44 Spaces (3.83 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Pylon Sign
- Signalized Intersection
- Drive Thru
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $653,070 | |
| Land Assessment | $121,700 | Total Assessment | $774,770 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$121,700
Improvements Assessment
$653,070
Total Assessment
$774,770
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