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900 N Hamilton Rd 10,443 SF Retail Building Gahanna, OH 43230 $3,571,400 ($341.99/SF) 7% Cap Rate
Investment Highlights
- For Sale: CVS Pharmacy in Gahanna, OH
- NNN Ground Lease - No Landlord Responsibilities
- Investment Grade Tenant - Corporately Guaranteed Lease
- On Site-Parking and High Traffic Counts
Executive Summary
American Investment Properties is retained to sell the property located at 900-906 N Hamilton Rd, Gahanna, Ohio.? At this location is a NNN ground lease corporately guaranteed CVS pharmacy.?
There is amply on-site parking and this building sits on 1.34 acres of land.?
There is amply on-site parking and this building sits on 1.34 acres of land.?
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
10,443 SF
Building Class
B
Year Built
2005
Price
$3,571,400
Price Per SF
$341.99
Cap Rate
7%
NOI
$250,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.18
Lot Size
1.34 AC
Zoning
CC
Parking
60 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Signage
- Drive Thru
Fairly walkable
50/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 025-013219 | Improvements Assessment | $1,040,270 |
| Land Assessment | $203,980 | Total Assessment | $1,244,250 |
Property Taxes
Parcel Number
025-013219
Land Assessment
$203,980
Improvements Assessment
$1,040,270
Total Assessment
$1,244,250
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900 N Hamilton Rd
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