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4930-4936 W Broad St 40,966 SF 95% Leased Retail Building Columbus, OH 43228 $4,100,000 ($100.08/SF) 7.52% Cap Rate

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INVESTMENT HIGHLIGHTS

  • Save-A-Lot Anchored Shopping Center
  • Upside Potential with Filling of Vacancy and Increasing Below Market Rents
  • High Daytime Population
  • Save-A-Lot Recently Renewed Lease
  • Brand New Roof
  • Big Traffic Counts | 32,871 VPD

EXECUTIVE SUMMARY

Great opportunity to acquire a stable asset with upside potential through filling of vacancy and renewing of Tenants at market rates.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
40,966 SF
Building Class
B
Year Built/Renovated
1978/2001
Price
$4,100,000
Price Per SF
$100.08
Cap Rate
7.52%
NOI
$308,475
Percent Leased
95%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.31
Lot Size
2.99 AC
Opportunity Zone
Yes
Zoning
GB
Parking
160 Spaces (3.44 Spaces per 1,000 SF Leased)
Frontage
196’ on W Broad St

AMENITIES

  • Pylon Sign
  • Signage

MAJOR TENANTS Click Here to Access

  • TENANT
  • INDUSTRY
  • SF OCCUPIED
  • RENT/SF
  • LEASE TYPE
  • LEASE END
  • Retailer
  • 99,999 SF
  • -
  • Lorem Ipsum
  • Jan 0000

Save A Lot is one of the largest discount grocers in the country, committed to providing customers with quality products at everyday low prices. Shoppers will find fresh produce, in-store cut meat, and exclusive award-winning brands that help save money. The store also offers a wide selection of popular national brands. Save A Lot focuses on keeping costs low, so customers can maximize their spending power. With a select assortment of around 1,800 frequently purchased products, they reduce the need for excess space and eliminate slow-moving items from their distribution. This streamlined approach enables them to pass the savings directly on to their customers, ensuring high-quality groceries at affordable prices every day of the week.

TENANT INDUSTRY SF OCCUPIED RENT/SF LEASE TYPE LEASE END
Retailer 99,999 SF - Lorem Ipsum Jan 0000

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • 1st Floor
  • 2,144 SF
  • Office/Medical
  • -
  • Now
Space Size Space Use Position Available
1st Floor 2,144 SF Office/Medical - Now

1st Floor

Size
2,144 SF
Space Use
Office/Medical
Position
-
Available
Now
Walk Score®
Very Walkable (73)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

NEARBY MAJOR RETAILERS

Tim Hortons
Giant Eagle
Fifth Third Bank
PNC Bank
Waffle House
Roosters
Bob Evans Restaurants

PROPERTY TAXES

PROPERTY TAXES

Parcel Numbers
Multiple
  • 240-006838
  • 240-005196
Land Assessment
$247,630
Improvements Assessment
$758,980
Total Assessment
$1,006,610
  • Listing ID: 24518668

  • Date on Market: 11/19/2021

  • Last Updated:

  • Address: 4930-4936 W Broad St, Columbus, OH 43228

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