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Sharon Square 5588-5590 N High St 16,178 SF 100% Leased Retail Building Columbus, OH 43085 $3,730,000 ($230.56/SF) 7.49% Cap Rate
Investment Highlights
- 14,225 SF High-Traffic Retail Strip with (1) 1,953 SF Apartment Unit Above
- Dense/Affluent Trade-Area: 12K People, $99K AHHI within 1-Mi; 107K / $94K AHHI within 3-Mi
- 1.5 Miles South of New-Construction Retail Strips with $40-$50/SF NNN Rents
- Located on MSA’s Top Corridor (High Street) with 17,135 VPD
- 2-Miles down High Street from I-270 Exit Ramps (Columbus’s Outerloop Hwy System)
- Local And Service-Oriented Tenant Mix Supporting Daily Needs Demand
Executive Summary
This property is part of a six property portfolio, the property can be purchased alone or with other properties in the portfolio.? Please see OM for details.?
Financial Summary (Actual - 2025) Click Here to Access |
Annual | Annual Per SF |
|---|---|---|
| Gross Rental Income |
-
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-
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| Other Income |
-
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-
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| Vacancy Loss |
-
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-
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| Effective Gross Income |
-
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-
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| Net Operating Income |
$99,999
|
$9.99
|
Financial Summary (Actual - 2025) Click Here to Access
| Gross Rental Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Other Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Vacancy Loss | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Effective Gross Income | |
|---|---|
| Annual | - |
| Annual Per SF | - |
| Net Operating Income | |
|---|---|
| Annual | $99,999 |
| Annual Per SF | $9.99 |
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
16,178 SF
Building Class
C
Year Built
1953
Price
$3,730,000
Price Per SF
$230.56
Cap Rate
7.49%
NOI
$279,363
Percent Leased
100%
Tenancy
Multiple
Building Height
2 Stories
Building FAR
0.33
Lot Size
1.13 AC
Zoning
C-4
Parking
86 Spaces (5.32 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Bus Line
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
40/100
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $216,210 | |
| Land Assessment | $229,400 | Total Assessment | $445,610 |
Property Taxes
Parcel Numbers
Land Assessment
$229,400
Improvements Assessment
$216,210
Total Assessment
$445,610
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
Contact the Sale Advisor
Sharon Square | 5588-5590 N High St