238-244 Deo Dr - Supermarket FOR SALE


Newark, OH 43055
$2,750,000 USD
740-587-7441
238-244 Deo Dr, Newark, OH for Sale
$2,750,000 USD
Supermarket - FOR SALE
1/21
null | Request Cap Rate

238-244 Deo Dr
Newark, OH 43055


OVERVIEW

Indian Valley Plaza presents an outstanding investment or owner-user opportunity in the heart of Newark’s thriving retail corridor. This established retail center comprises 17 individual units within a well-maintained strip plaza, offering flexible tenancy options and steady income potential. The property encompasses approximately 5.5± acres (contingent on lot split), with an additional 0.7± acre outlot available for separate negotiation—ideal for future development or expansion. The plaza features a recently re-sealed parking lot and a layout designed for excellent accessibility and visibility. With strong tenant mix potential and financials available upon execution of a signed NDA, Indian Valley Plaza is well-suited for investors seeking stable returns or for a retail user looking to occupy space while benefiting from rental income. Prime, high-visibility location along Deo Drive in Newark, Ohio. This property is positioned within a densely populated area surrounded by established single-family and multi-family neighborhoods. The site benefits from strong traffic counts and proximity to numerous national retailers, restaurants, and service-based businesses, offering exceptional exposure and accessibility for future development or tenants.

FOR SALE DETAILS

PRICE

$2,750,000 USD

PRICE/SF

$65 USD /SF

CAP RATE

Request Cap Rate

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Supermarket

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1979

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

5.52 AC

LAND SF

240,451 SF

ZONING

GB

APN/PARCEL ID

054-270264-05.000

ASK ABOUT THIS PROPERTY

Brandon HessShai · Hess Commercial Real EstateMore Info
740-587-7441

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Brandon HessShai · Hess Commercial Real EstateMore Info
740-587-7441

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.