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McNaughten Center
6085 McNaughten Ctr, Columbus, OH 43232
Listing Price: $4,170,000
Investment Overview
Marcus & Millichap is pleased to present for sale, McNaughten Center located in Columbus, Ohio. The subject property is an 100 percent occupied, 38,585-square-foot neighborhood retail center. McNaughten Center is being offered for $4,170,000.
McNaughten Center
Investment Highlights
- 100 Percent Occupied, 38,585-Square-Foot Neighborhood Retail Center in Columbus, Ohio
- 77.4 Percent Economic Occupancy, Dramatic Upside via Block's Hot Bagels' All-In -$3.05 per Square Foot Rent | 3/2025 Expiration – No Renewal Options
- Easy-to-Lease Units, Majority in the 1,500-3,000 Square Foot Range
- Below-Market Rents Averaging $8.64 per Square Foot Triple-Net; 13 of 14 Tenants have Triple-Net Leases
- No Turnover Since 2021; 31 Percent of Gross Leasable Area In-Place for Over 10 Years; 43 Percent In-Place Over Seven Years
- 38 Percent of Gross Leasable Area has Scheduled Rent Increases within Current Lease Term
Listing Price: $4,170,000
Investment Highlights
- 100 Percent Occupied, 38,585-Square-Foot Neighborhood Retail Center in Columbus, Ohio
- 77.4 Percent Economic Occupancy, Dramatic Upside via Block's Hot Bagels' All-In -$3.05 per Square Foot Rent | 3/2025 Expiration – No Renewal Options
- Easy-to-Lease Units, Majority in the 1,500-3,000 Square Foot Range
- Below-Market Rents Averaging $8.64 per Square Foot Triple-Net; 13 of 14 Tenants have Triple-Net Leases
- No Turnover Since 2021; 31 Percent of Gross Leasable Area In-Place for Over 10 Years; 43 Percent In-Place Over Seven Years
- 38 Percent of Gross Leasable Area has Scheduled Rent Increases within Current Lease Term
Investment Overview
Marcus & Millichap is pleased to present for sale, McNaughten Center located in Columbus, Ohio. The subject property is an 100 percent occupied, 38,585-square-foot neighborhood retail center. McNaughten Center is being offered for $4,170,000.
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