25
62
1
5

REMARKS:

CASH COW 100% OCCUPIED with 8.09% CAP! Vacant land to add more retail! Thousands of traffic counts per day. Shopping Ctr on main road, across the street from McDonalds & major retail stores, on bus line! City planning to invest $27 million incl road resurfacing, sidewalks, curbs & streetscapes. Tons of updates incluce completely re-stuccoed exterior & remodeled inside on universal mall, extensive landscaping on entire 6 acres, portions of parking lot resurfaced, outside lighting updated to LED, water meters in all units, main building painted, new awnings, new EPDM roofing membrane along the gutter line, new downspouts & much MORE! Potential for additional building with owner's help would produce over $20K per month and increase CAP rate to 12%!

OVERVIEW:

Shopping Center
Active
C&I PLAZA
1989
6.32
Gas

FINANCIAL:

$4,690,000
$71,294
2016

NEIGHBORHOOD & SCHOOL INFORMATION:

Courtesy of Steven C Beaver (614) 774-5692 RE/MAX Right Now (614) 485-3100

 

Broker Reciprocity 
  


MLS Information deemed reliable but not guaranteed

 

Copyright: 2017 by Columbus and Central Ohio Regional MLS