Shopping Neighborhood
5156 E Main St Centre
5160 E Main St, Columbus, OH 43213
Listing Price: $3,330,000
Investment Overview
Marcus & Millichap is please to present for sale, 5156 E Main St Centre located in Columbus, Ohio. The subject property is an 88 percent occupied, 22,399-square-foot neighborhood retail center. 5156 E Main St Centre is being offered for $3,330,000.
5156 E Main St Centre
Investment Highlights
- 88 Percent Occupied, 22,399-Square-Foot Neighborhood Retail Center in Columbus, Ohio
- Upside via Leasing 2,719 Square Feet of Rear Facing/Access Gross Leasable Area within Center
- Anchored by Ohio Health Dedicated Senior Medical Center (54 Percent of Gross Leasable Area) – Triple-Net Lease Thru 7/2029
- Salon Lofts (28 Percent of Gross Leasable Area) – In-Place Since 2005 on Triple-Net Lease. Salon Lofts Extended Thru 2036, Providing Over 12 Years of Firm Lease Term with Rent Increases
- $149 per Square Foot for Shallow-Bay, Corridor-Facing, Easily Accessible, High-Traffic Retail Gross Leasable Area | Compelling Price-per-Pound Investment Opportunity"
- Opportunity to Consolidate V&V Appliance Space with Ohio Health or Salon Lofts | No V&V Renewal Options Beyond 12/2024
Listing Price: $3,330,000
Investment Highlights
- 88 Percent Occupied, 22,399-Square-Foot Neighborhood Retail Center in Columbus, Ohio
- Upside via Leasing 2,719 Square Feet of Rear Facing/Access Gross Leasable Area within Center
- Anchored by Ohio Health Dedicated Senior Medical Center (54 Percent of Gross Leasable Area) – Triple-Net Lease Thru 7/2029
- Salon Lofts (28 Percent of Gross Leasable Area) – In-Place Since 2005 on Triple-Net Lease. Salon Lofts Extended Thru 2036, Providing Over 12 Years of Firm Lease Term with Rent Increases
- $149 per Square Foot for Shallow-Bay, Corridor-Facing, Easily Accessible, High-Traffic Retail Gross Leasable Area | Compelling Price-per-Pound Investment Opportunity"
- Opportunity to Consolidate V&V Appliance Space with Ohio Health or Salon Lofts | No V&V Renewal Options Beyond 12/2024
Investment Overview
Marcus & Millichap is please to present for sale, 5156 E Main St Centre located in Columbus, Ohio. The subject property is an 88 percent occupied, 22,399-square-foot neighborhood retail center. 5156 E Main St Centre is being offered for $3,330,000.
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