Real Estate in Westerville

6445 Hamilton, Westerville, OH 43081 (MLS # 216036361)

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PRICE $4,850,000
SIZE n/a
LOT SIZE 3.64 ac

Recently constructed retail shopping center for sale at the corner of Hamilton & Warner Roads. This center is well positioned for future success as the area continues to rapidly develop. Strategically located less than a half mile to SR-161 and less than 3 miles to I-270, the center reaches the affluent New Albany and Westerville sub-markets. Population growth in the area has increased 49.44% since 2010 and roadway expansion along Hamilton Road will increase traffic counts to over 20,000 cars per day along Hamilton Rd. In addition, in the last five years, nearly 4,000 apartment units and 2,000 single family homes have been built within 2 miles of the center. This 2008 center is being offered at a 6.52% CAP rate. Tenants have signed net-leases providing minimal Landlord responsibilities.

DAYS ON MARKET 1,075 LAST UPDATED 8/26/2019
TRACT Albany Place Shopping Center YEAR BUILT 2008
COUNTY Franklin STATUS Active
PROPERTY TYPE(S) Commercial

PRICE HISTORY
Prior to Apr 18, '19 $4,900,000
Apr 18, '19 - Today $4,850,000


ADDITIONAL DETAILS
AUCTION INFO: AUCTION No
EXCHANGE No
LISTINGMEMBERPHONE (614) 221-4286
LISTINGOFFICEPHONE (614) 221-4286
PARCEL # 010-278313
SUB-TYPE Shopping Center
TOWNSHIP None


17 Car-Dependent



 
CONTACT US ABOUT 6445 HAMILTON
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Listing provided by The Robert Weiler Company, phone# (614) 221-4286, Alexander N Marsh, phone# (614) 221-4286
Listing information is deemed reliable, but not guaranteed.