Gorsuch Realty

603 West Wheeling Street
Lancaster, Ohio 43130
P: 740-653-3583
 

 

Home for Sale at 6445 HAMILTON Road, Westerville, OH 43081

 
 
 
 
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6445 HAMILTON Road, Westerville, OH 43081
Listing# 216036361
 
 
 
 
Price: $4,900,000
Type: Shopping Center
County: Franklin
 
 
 
 
    Photo of home for sale at 6445 HAMILTON Road, Westerville OH
    
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Property Description:
 
 
 
 
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 26.77% 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 7.53% CAP rate. Tenants have signed net-leases providing minimal Landlord responsibilities.

 
 
 
 
OVERVIEW:
 
 
 
 
Property Type:Shopping Center
Listing Status:Active
Subdivision:Albany Place Shopping Center
Year Built:2008
Acres:3.64
 
 
 
 
FINANCIAL:
 
 
 
 
Listing Price:$4,900,000
Tax Year:2015
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Courtesy of Alexander N Marsh (614) 221-4286 The Robert Weiler Company (614) 221-4286

 

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