Hilliard, OH
Commercial Real Estate Market Trends & Data

$306 Avg asking sale price
$21 Avg asking lease rate
22,384 SF Avg unit lease size
20,398 SF Avg building size for sale
7.65% Average cap rate

Hilliard's Demographic Profile

Hilliard has 13,928 households and a median income of $102,660, providing context for rent absorption and tenant demand across retail and multifamily assets. A -1% five-year population trend is a key signal for evaluating long-term demand in this market.

Key Demographic Metric Value
Population 35,651
# Households 13,928
Median age 38
Median household income $102,660
Avg household size 3.0
Renter-occupied housing units 5,235
5-year population change -1%

{{marketTabHeadings[activeMarketTab]}} Market Metrics Near Hilliard, OH

↻ Updated Monthly

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Nearby Office Markets Avg Cost/SF Typical Size Cap Max
Hilliard $256 24,083 SF 8.50%
Upper Arlington $235 38,229 SF 9.80%
Dublin $227 45,282 SF 9.79%
Nearby Retail Markets Avg Cost/SF Typical Size
Hilliard $232 19,416 SF
Upper Arlington $260 8,319 SF
Galloway $100 40,966 SF
Dublin $340 15,531 SF
Grandview Heights $292 4,616 SF
Nearby Multifamily Markets Avg Cost/SF Typical Size Cap Max
Columbus $204 21,370 SF 7.48%
Delaware $77 9,086 SF 6.74%

Commercial Properties For Sale in Hilliard

The listings below reflect how current market pricing and building scale translate into active opportunities available today.
For Sale

4105 Lyman Dr

Hilliard, OH 43026

  • 19,500 SF Retail Building
  • $3,450,000
For Sale

CAVA | 15-Year Corporate Lease | Columbus MSA

Hilliard, OH 43026

  • 2,882 SF Retail Building
  • 5.35% Cap Rate
  • $3,500,000
For Sale

2990 Bethel Rd

Columbus, OH 43220

  • 15,913 SF Retail Building
  • $2,100,000
For Sale

6223 Hayden Run Road, Hilliard, OH 43026

Hilliard, OH 43026

  • 1.85 AC Lot
  • 1 Commercial Lot
  • $1,100,000
For Sale

Berry Leaf Lane

Hilliard, OH

  • Office Building
  • 8.50% Cap Rate
  • $3,335,000
For Sale

Arista Recovery

Hilliard, OH 43026

  • 34,461 SF Health Care Building
  • 8.05% Cap Rate
  • $15,838,509

Average Price For Sale

↻ Updated Monthly

Average Price For Lease

↻ Updated Monthly

Number of Listings

↻ Updated Monthly

Cap Rate

↻ Updated Monthly

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Nearby Commercial Markets

Comparing nearby markets helps investors see whether Hilliard pricing and building scale sit above, below, or in line with surrounding areas.

Commercial Markets Avg Cost/SF Average Size
Hilliard $306 20,398 SF
Upper Arlington $238 28,631 SF
Galloway $100 40,966 SF
Dublin $255 34,063 SF
Grandview Heights $246 12,267 SF

Regional Demographic Comparison

This comparison places Hilliard alongside nearby cities to show how population size, household counts, and income levels differ across the region. Viewing these markets side by side helps investors understand whether local demand and income characteristics are concentrated in Hilliard or distributed across surrounding areas.

City Population # Households Age Median Household Income Avg Household Size Renter Occupied Housing Units Five Yr Pop Growth %
Hilliard 35,651 13,928 38 $102,660 3 5,235 -1%
Galloway 28,710 10,449 37 $81,318 3 2,969 -1%
Dublin 48,798 17,561 42 $139,671 3 4,621 2%
Grandview Heights 8,527 4,119 36 $99,177 2 2,068 2%

Disclaimer: The figures on this page reflect LoopNet's active commercial listings in Hilliard, OH and update as inventory changes. Averages can shift between periods or vary across property types depending on the mix of listings available at a given time, so individual metrics may not reflect broader market trends. These figures are best used as directional benchmarks for early market evaluation. For comprehensive commercial real estate data and analytics, subscribe to CoStar.

FAQs About Commercial Investing in Hilliard

View All Commercial Real Estate For Sale in Hilliard
Is Hilliard a good market for a first-time commercial real estate investor?

Hilliard offers commercial properties across a wide range of sizes and price points. By reviewing the market data and benchmarks on this page, first-time investors can better understand what a typical commercial property looks like before committing capital and narrowing in on specific listings.

How can this market data help me decide whether to buy commercial property for my business in Hilliard?

The pricing and size metrics on this page help business owners compare the cost of ownership against leasing in Hilliard. Typical building sizes and asking prices provide a starting point for evaluating space needs, budget fit, and long term occupancy costs before engaging lenders or brokers.

What should conservative investors focus on when evaluating commercial properties in Hilliard?

Conservative investors often prioritize manageable deal sizes, stable pricing ranges, and cap rate benchmarks shown for Hilliard. These metrics help assess whether current market conditions support steady income potential without relying on aggressive assumptions.

How does Hilliard compare to nearby commercial real estate markets?

Nearby market comparisons highlight differences in pricing, building scale, and cap rate ranges relative to Hilliard. Reviewing these side by side helps experienced investors identify relative value, pricing premiums, or alternative markets that may better align with return targets.

How can this page support early-stage deal screening for Hilliard acquisitions?

This page provides high-level benchmarks for pricing, deal size, and observed cap rates in Hilliard, which are useful for initial market filtering. Institutional and data-driven investors often use these signals to prioritize listings that meet size, pricing, and return thresholds before deeper underwriting.

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