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612-660 Harrisburg Pike 78,460 SF 100% Leased Retail Building Columbus, OH 43223 $4,794,000 ($61.10/SF) 10% Cap Rate
Investment Highlights
- Stabilized Tenancy with Streamlined Management:
- Prime Location in High-Traffic Retail Corridor
- Below-Market Rents with Value-Add Potential in Opportunity Zone
- Attractive Basis with Double-Digit Yield
Executive Summary
Retail Investment Opportunity
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
78,460 SF
Building Class
B
Year Built/Renovated
1966/1999
Price
$4,794,000
Price Per SF
$61.10
Cap Rate
10%
NOI
$479,400
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
2 Exterior
Building FAR
0.32
Lot Size
5.66 AC
Opportunity Zone
Yes
Zoning
C4, Columbus - Commercial
Parking
350 Spaces (4.46 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-126626 | Improvements Assessment | $1,347,260 |
| Land Assessment | $135,670 | Total Assessment | $1,482,930 |
Property Taxes
Parcel Number
010-126626
Land Assessment
$135,670
Improvements Assessment
$1,347,260
Total Assessment
$1,482,930
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Photos
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612-660 Harrisburg Pike
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