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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
100%
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 began in 1977 as a discount grocery concept built around value, fresh food, and a smaller-store format. The company now operates as a value-focused grocery chain with a broad assortment that includes fresh produce, meat cut in store, pantry staples, national brands, and exclusive private-label items. Save A Lot also serves independent retail partners through a networked store model that supports local operators while maintaining a consistent grocery offer. The company maintains a significant U.S. presence across numerous stores in many states, reflecting a continued focus on everyday grocery shopping and affordable pricing.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Retailer 99,999 SF - Lorem Ipsum Jan 0000
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100

Nearby Major Retailers

Tim Hortons
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

Contact the Sale Advisor

4930-4936 W Broad St

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