Shopping Center - Columbus, OH
CASH COW 100% OCCUPIED WITH 7.66 CAP RATE! Vacant land (95x300 ft) can be built With owner's business ideas/market know-how to produce $40k/mo and increase CAP rate to 12% or more. Thousands of traffic counts per day. Shopping Ctr on main road, across the street from McDonalds & major retail stores, on bus line! City planning to invest $27 million including road resurfacing, sidewalks, curbs & streetscapes. Tons of updates include completely re-stuccoedexterior & remodeled inside on universal mall, extensive landscaping on entire 6 acres, portions of parking lot resurfaced, outside lighting updated to LED, water meters in all units, main building painted, new awnings, new EPDM roofing membrane along the gutter line, new downspouts & much MORE!
Would you like more information regarding this property?
Please call (614) 485-3100.
Data Provided by:
Columbus and Central Ohio Multiple Listing Service