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Midas 921 Hill Rd N 6,886 SF Retail Building Pickerington, OH 43147 $3,270,640 ($474.97/SF) 5.65% Cap Rate
Investment Highlights
- Excellent Corporate Guarantee from Leading Tire Retailer
- Strong Retail Corridor with Robust Traffic Counts
- Affluent, Appreciating Trade Area
- Robust Unit - Level Performance
- Nearby Healthcare Investment & Expansion
- Exceptionally Low Crime, Among Ohio's Safest Cities
Executive Summary
Surmount is pleased to present the exclusive listing for a Midas located at 921 Hill Road North, Pickerington, OH 43147. The site consists of roughly 6,886 rentable square feet of building space. Midas is subject to a 20-year Triple Net (NNN) lease which commenced on September 1, 2026. The annual rent is $184,791 and has scheduled increases of 1.50% Annually Starting Year 7.
Property Facts
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,886 SF
Building Class
B
Year Built
2014
Price
$3,270,640
Price Per SF
$474.97
Cap Rate
5.65%
NOI
$184,791
Tenancy
Single
Building Height
1 Story
Building FAR
0.14
Lot Size
1.10 AC
Zoning
C-3 - Community Commercial
Frontage
240’ on Hill Rd N
Amenities
- Pylon Sign
- Signage
Fairly walkable
40/100
Exceptionally drivable
100/100
Limited public transit
30/100
Somewhat bikeable
30/100
Nearby Major Retailers
Property Taxes
| Parcel Number | 04-11183-400 | Improvements Assessment | $235,310 |
| Land Assessment | $220,050 | Total Assessment | $455,360 |
Property Taxes
Parcel Number
04-11183-400
Land Assessment
$220,050
Improvements Assessment
$235,310
Total Assessment
$455,360
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