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Shopping Strip

Strawberry Plaza

246 Lincoln Cir, Gahanna, OH 43230

Listing Price: $2,107,000

Cap Rate
8.00%
Gross SF
12,146
Rentable SF
12,146
Price/Gross SF
$173.47
Lot Size
0.88 acres
Year Built
1989

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Strawberry Plaza in Gahanna, Ohio. The subject property is a 100 percent occupied neighborhood strip center located in an infill suburban area of Columbus, Ohio. The property has been historically fully occupied with a complimentary mix of local and national tenants. Strawberry Plaza is being offered for $2,107,000.

Investment Highlights

  • 100 Percent Occupied Strip Center in Dense Infill Location of Columbus, Ohio
  • Anchored by United States Postal Service (36 Percent of Gross Leasable Area), Tenant Since 1997, Current Lease Through 2027
  • Pride of Ownership Real Estate with Direct Frontage on Route 317/Granville Street (21,974 Vehicles Per Day) in Downtown Gahanna
  • Less than Half Mile to 240,000-Square-Foot Creekside Gahanna Mixed Use Development and Half Mile to Gahanna Lincoln High School (Over 2,200 Students)
  • Property Has Historically Been Fully Occupied with Complimentary Mix of Local and National Tenants
  • 11.5 Percent Population Growth in Surrounding Area Since 2010; Population of 223,263 Within Five Miles and Average Household Income of $84,221

Exclusively Listed By

Listing Price: $2,107,000

Cap Rate
8.00%
Gross SF
12,146
Rentable SF
12,146
Price/Gross SF
$173.47
Lot Size
0.88 acres
Year Built
1989

Investment Highlights

  • 100 Percent Occupied Strip Center in Dense Infill Location of Columbus, Ohio
  • Anchored by United States Postal Service (36 Percent of Gross Leasable Area), Tenant Since 1997, Current Lease Through 2027
  • Pride of Ownership Real Estate with Direct Frontage on Route 317/Granville Street (21,974 Vehicles Per Day) in Downtown Gahanna
  • Less than Half Mile to 240,000-Square-Foot Creekside Gahanna Mixed Use Development and Half Mile to Gahanna Lincoln High School (Over 2,200 Students)
  • Property Has Historically Been Fully Occupied with Complimentary Mix of Local and National Tenants
  • 11.5 Percent Population Growth in Surrounding Area Since 2010; Population of 223,263 Within Five Miles and Average Household Income of $84,221

Investment Overview

Marcus & Millichap is pleased to exclusively offer for sale, Strawberry Plaza in Gahanna, Ohio. The subject property is a 100 percent occupied neighborhood strip center located in an infill suburban area of Columbus, Ohio. The property has been historically fully occupied with a complimentary mix of local and national tenants. Strawberry Plaza is being offered for $2,107,000.

Exclusively Listed By

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