3100 Cleveland Ave - Retail FOR SALE


Columbus, OH 43224- North Linden
$3,062,336 USD
248-702-0288
3100 Cleveland Ave, Columbus, OH for Sale
$3,062,336 USD
Retail - FOR SALE
1/5
null | 7% Cap Rate

3100 Cleveland Ave
Columbus, OH 43224
North Linden


HIGHLIGHTS

  • Long-Term Commitment to the Site with the Tenant Occupying this Location for Over 30 Years
  • Lease Supports Three (3), 5-Year Options with Increases in Each Option
  • Positioned at the Signalized Intersection of Oakland Park Ave (11,000+ VPD) and Cleveland Ave (21,800+ VPD)
  • Easily Accessible with Multiple Access Points and Ample Parking Spaces
  • New Roof Installed in 2017
  • Situated within a Retail Corridor Surrounded by National Retailers Including McDonald's, Popeye's, Taco Bell, Wendy's, and KFC

OVERVIEW

CVS Recently Exercised 5-Year Renewal Option Without Rent Reduction

FOR SALE DETAILS

PRICE

$3,062,336 USD

PRICE/SF

$266 USD /SF

CAP RATE

7%

% LEASED

-

TENANCY

Single

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

CVS Oak Street Health

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1975

SPRINKLERS

-

PARKING SPACES

44

LAND DETAILS

LAND ACRES

1 AC

LAND SF

43,560 SF

ZONING

C, Commercial

APN/PARCEL ID

010-009606,010-076544,010-076600

ASK ABOUT THIS PROPERTY

Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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Deno BistolaridesEncore Real Estate Investment ServicesMore Info
248-702-0288

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