612-690 Harrisburg Pike - Retail FOR SALE


Columbus, OH 43223
$4,782,000 USD
818-618-4522
612-690 Harrisburg Pike, Columbus, OH for Sale
$4,782,000 USD
Retail - FOR SALE
1/5
null | 10% Cap Rate

612-690 Harrisburg Pike
Columbus, OH 43223


HIGHLIGHTS

  • Stabilized Tenancy with Streamlined Management: Harrisburg Point Shopping Center is 100% leased to a diverse mix of service, retail, and restaurants.
  • Below-Market Rents with Value-Add Potential in Opportunity Zone: The property offers a compelling upside potential with a low average rent per SF.
  • Prime Location in High-Traffic Retail Corridor: Strategically positioned near the signalized intersection of Harrisburg Pike and Mound Street.
  • Attractive Basis with Double-Digit Yield: Offered at a 10% capitalization rate and priced at $60.26 per square foot.

OVERVIEW

Broker of Record Matthew Wallace License # REC.2022007141 (OH) Matthews Real Estate Investment Services, Inc 950 Main Ave., Suite 510, Cleveland, OH 44113 (866) 889-0550

FOR SALE DETAILS

PRICE

$4,782,000 USD

PRICE/SF

$61 USD /SF

CAP RATE

10%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Harrisburg Point Center

PROPERTY TYPE

Retail

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1966

SPRINKLERS

-

PARKING SPACES

350

LAND DETAILS

LAND ACRES

5.66 AC

LAND SF

246,550 SF

ZONING

C4, Columbus

APN/PARCEL ID

010-126626

ASK ABOUT THIS PROPERTY

Connor OlandtMatthews Real Estate Investment ServicesMore Info
818-618-4522

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Connor OlandtMatthews Real Estate Investment ServicesMore Info
818-618-4522

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