Shopping Neighborhood
Beechcroft Centre
1931 E Dublin Granville Rd, Columbus, OH 43229
Listing Price: $4,200,000
Investment Overview
Marcus & Millichap is Pleased to Present for Sale Beechcroft Centre, a 100 Percent Occupied, 34,000 Square-Foot Neighborhood Retail Center in Columbus, Ohio. 17 Small-Shop Units; Easy-to-Lease Small-Shop Spaces Ranging from 800 – 3,200 Square Feet. Excellent Frontage and Visibility to E Dublin Granville Road. Hard Corner Location at Intersection of E Dublin Granville Rd and Beechcroft Rd with 30,000 Vehicles per Day. Three Miles to I-270 Exit Ramps (113,280 Vehicles per Day).
Beechcroft Centre
Investment Highlights
- 100 Percent Occupied, 34,000-Square-Foot Neighborhood Retail Center in Columbus, Ohio
- Anchored by Mi Bandera Supermarket (21 Percent of Gross Leasable Area) under Triple-Net Lease thru 9/2028 – Excellent Traffic Driver
- Below-Market Rents Averaging $10.70 per Square Foot Triple-Net | Market Rents = $16/ per Square Foot Plus Triple-Net
- Daily Needs Tenancy Including Grocery, Restaurants, Financial Services, Medical Services, Salons, and Convenience Retail
- Majority Triple-Net Lease Structures Allow for Strong Recapture of Landlord Operating Expenses
- Only 14 Miles down Route-161 from Brand-New $20 Billion Intel Chip Manufacturing Plant
- Extremely Dense Infill Location within Columbus' Northland Neighborhood
Listing Price: $4,200,000
Investment Highlights
- 100 Percent Occupied, 34,000-Square-Foot Neighborhood Retail Center in Columbus, Ohio
- Anchored by Mi Bandera Supermarket (21 Percent of Gross Leasable Area) under Triple-Net Lease thru 9/2028 – Excellent Traffic Driver
- Below-Market Rents Averaging $10.70 per Square Foot Triple-Net | Market Rents = $16/ per Square Foot Plus Triple-Net
- Daily Needs Tenancy Including Grocery, Restaurants, Financial Services, Medical Services, Salons, and Convenience Retail
- Majority Triple-Net Lease Structures Allow for Strong Recapture of Landlord Operating Expenses
- Only 14 Miles down Route-161 from Brand-New $20 Billion Intel Chip Manufacturing Plant
- Extremely Dense Infill Location within Columbus' Northland Neighborhood
Investment Overview
Marcus & Millichap is Pleased to Present for Sale Beechcroft Centre, a 100 Percent Occupied, 34,000 Square-Foot Neighborhood Retail Center in Columbus, Ohio. 17 Small-Shop Units; Easy-to-Lease Small-Shop Spaces Ranging from 800 – 3,200 Square Feet. Excellent Frontage and Visibility to E Dublin Granville Road. Hard Corner Location at Intersection of E Dublin Granville Rd and Beechcroft Rd with 30,000 Vehicles per Day. Three Miles to I-270 Exit Ramps (113,280 Vehicles per Day).
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