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Goodyear 809 Refugee Rd 5,772 SF Retail Building Pickerington, OH 43147 $2,300,000 ($398.48/SF) 6.52% Cap Rate
INVESTMENT HIGHLIGHTS
- Single-Tenant NNN Investment Property
- Long-term lease in place with strong-tenant
EXECUTIVE SUMMARY
Introducing a prime investment opportunity in the heart of the Pickerington, Ohio commercial corridor This automotive services retail center, built in 1988, is a stand-alone, 5,772 SF building. A long-term, stable lease commenced in 2024, providing a great, low-risk investment opportunity.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
5,772 SF
Building Class
B
Year Built
1988
Price
$2,300,000
Price Per SF
$398.48
Cap Rate
6.52%
NOI
$150,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.15
Lot Size
0.90 AC
Zoning
C-3 - Community Commercial
Parking
40 Spaces (7.31 Spaces per 1,000 SF Leased)
Frontage
193’ on Refugee Rd
AMENITIES
- Pylon Sign
- Signage
NEARBY MAJOR RETAILERS
Fifth Third Bank
PROPERTY TAXES
| Parcel Number | 04-11189-500 | Improvements Assessment | $81,510 |
| Land Assessment | $147,580 | Total Assessment | $229,090 |
PROPERTY TAXES
Parcel Number
04-11189-500
Land Assessment
$147,580
Improvements Assessment
$81,510
Total Assessment
$229,090
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Goodyear | 809 Refugee Rd
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