A recently constructed shopping center in an affluent Columbus sub-market. Located less than a half mile to SR-161 & less than 3 miles to I-270, reaches the New Albany & Westerville submarkets. Population growth in the area has increased 26.77% since 2010 & roadway expansion along Hamilton Road will increase traffic counts to over 20, 000 cars per day along Hamilton Rd. In the last five years, nearly 4, 000 apartment units & 2, 000 single family homes have been built within 2 miles of the center. 1 mile south of the center, the mixed-use development project is currently under construction.This 2008 center is being offered at a 7.04% CAP rate. Tenants have signed net-leased investments providing minimal Landlord responsibilities. 1 small vacancy provides upside to any buyer.
Albany Place Shopping Center
Courtesy of Alexander N Marsh (614) 221-4286 The Robert Weiler Company (614) 221-4286
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