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Shopping Strip

Main Hamilton Center

4513 E Main St, Columbus, OH 43213

Listing Price: $2,107,000

Cap Rate
8.00%
Gross SF
15,025
Rentable SF
15,025
Price/Gross SF
$140.23
Lot Size
1.20 acres
Year Built
1986

Investment Overview

Marcus & Millichap is Pleased to Present for Sale this 100 Percent Occupied, 15,025 Square-Foot Neighborhood Retail Center in Columbus, Ohio. All Daily Needs Tenancy and Ease of Management with Only Five Tenants. Dense Infill Location (17,542 in One Mile Population) within Columbus’ Whitehall Neighborhood. 1.2 Miles from I-70 Exit Ramps at Hamilton Rd (129,413 Vehicles per Day) and 1.5 Miles from I-270 Exit Ramps at E Main Street (113,280 Vehicles per Day).

Investment Highlights

  • 100 Percent Occupied, 15,025-Square-Foot Neighborhood Retail Center in Columbus, Ohio
  • "A" Hard Corner Location at E Main & S Hamilton Road with 10 Lanes of Traffic; Combined 45,444 Vehicles per Day
  • Below-Market Rents Averaging $12.24 per Square Foot Triple-Net | Market Rents = $17 per Square Foot Plus Triple-Net
  • Ingress/Egress to Both Streets; Shallow Setback with Excellent Storefront Visibility and Corner Pylon Sign
  • Comfort Dental (33 Percent of Gross Leasable Area) – In-Place Since 2016 and Leased into 2026
  • 72 Percent of Gross Leasable Area In-Place Since 2016 or Longer
  • All Tenants are Subject to Pro Rata Triple-Net Leases, Including Reimbursement of Management Fees and 10 Percent Admin Fees on Common Area Maintenance

Exclusively Listed By

Financing By

Shopping Strip

Main Hamilton Center

Listing Price: $2,107,000

Cap Rate
8.00%
Gross SF
15,025
Rentable SF
15,025
Price/Gross SF
$140.23
Lot Size
1.20 acres
Year Built
1986

Investment Highlights

  • 100 Percent Occupied, 15,025-Square-Foot Neighborhood Retail Center in Columbus, Ohio
  • "A" Hard Corner Location at E Main & S Hamilton Road with 10 Lanes of Traffic; Combined 45,444 Vehicles per Day
  • Below-Market Rents Averaging $12.24 per Square Foot Triple-Net | Market Rents = $17 per Square Foot Plus Triple-Net
  • Ingress/Egress to Both Streets; Shallow Setback with Excellent Storefront Visibility and Corner Pylon Sign
  • Comfort Dental (33 Percent of Gross Leasable Area) – In-Place Since 2016 and Leased into 2026
  • 72 Percent of Gross Leasable Area In-Place Since 2016 or Longer
  • All Tenants are Subject to Pro Rata Triple-Net Leases, Including Reimbursement of Management Fees and 10 Percent Admin Fees on Common Area Maintenance

Investment Overview

Marcus & Millichap is Pleased to Present for Sale this 100 Percent Occupied, 15,025 Square-Foot Neighborhood Retail Center in Columbus, Ohio. All Daily Needs Tenancy and Ease of Management with Only Five Tenants. Dense Infill Location (17,542 in One Mile Population) within Columbus’ Whitehall Neighborhood. 1.2 Miles from I-70 Exit Ramps at Hamilton Rd (129,413 Vehicles per Day) and 1.5 Miles from I-270 Exit Ramps at E Main Street (113,280 Vehicles per Day).

Exclusively Listed By

Financing By

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