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James Road Shopping Center 901-927 S James Rd 36,737 SF 82% Leased Retail Building Columbus, OH 43227 $3,601,943 ($98.05/SF) 8.30% Cap Rate
Investment Highlights
- 82% Occupied, 36,000 SF Value-Add Shopping Center Located in Columbus, OH
- Opportunity to Quickly Add approximately $81,250 to the NOI
- James Road Traffic Counts of 21,953 VPD
- Low Price PSF, under $100 - Well Below Replacement Cost
- WALT of 4.5 Years
Executive Summary
BlackGate Partners is pleased to offer for sale the James Road Shopping Center, a 36,737 SF neighborhood shopping center located in the thriving Columbus, OH market. Boasting ample space, this property offers a prime opportunity for a retail/strip center investor seeking a high traffic, high-visibility location. With its expansive square footage, versatile layout, and strategic position, this property is primed to attract top-tier retail tenants and drive sustained returns. Don't miss out on this chance to secure a valuable asset in a sought-after market.
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Property Facts Under Contract
Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
36,737 SF
Building Class
C
Year Built
1955
Price
$3,601,943
Price Per SF
$98.05
Cap Rate
8.30%
NOI
$298,961
Percent Leased
82%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
2.62 AC
Zoning
C4
Parking
110 Spaces (2.99 Spaces per 1,000 SF Leased)
Amenities
- Pylon Sign
Space Availability
- Space
- Size
- Space Use
- Position
- Available
In-line retail space available for lease. Space consists of 6,500 SF.
| Space | Size | Space Use | Position | Available |
| 923 | 6,500 SF | Retail | In-Line | 30 Days |
923
| Size |
| 6,500 SF |
| Space Use |
| Retail |
| Position |
| In-Line |
| Available |
| 30 Days |
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Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
923
| Size | 6,500 SF |
| Space Use | Retail |
| Position | In-Line |
| Available | 30 Days |
In-line retail space available for lease. Space consists of 6,500 SF.
Moderately walkable
60/100
Exceptionally drivable
100/100
Limited public transit
30/100
Fairly bikeable
50/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 010-096453 | Improvements Assessment | $414,190 |
| Land Assessment | $199,750 | Total Assessment | $613,940 |
Property Taxes
Parcel Number
010-096453
Land Assessment
$199,750
Improvements Assessment
$414,190
Total Assessment
$613,940
1 of 6
Videos
Matterport 3D Exterior
Matterport 3D Tour
Photos
Street View
Street
Map
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James Road Shopping Center | 901-927 S James Rd
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