4099 Hoover Road, Grove City, OH 43123
$3,451,000
Property Type:
Commercial
Square Footage:
37,987
Lot Size (sq. ft.):
160,301
Status:
Closed
Current Price:
$3,451,000
List Date:
12/24/2024
Last Modified:
7/20/2025
Description
STRINGTOWN & HOOVER CORNER
*High traffic and good visibility
*100% leased neighborhood center
*153 car parking
*Below market rents
*Anchors ASK Powersport & Flyers Pizza
*9 Tenants
*4 Buildings
Supplements: ********
More Information MLS# 224043689
Location Property Info
Original List Price: 3800000
Sold Price: $3,451,000
Property Sub Type: Retail
Street #: 4099
Street Name: Hoover
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43123
Township: Jackson
OfficeContract Info
Status: Closed
MLS Entry Date: 2024-12-23
General Property Info
Previous Use: retail
Bldg Sq Ft: 37987
Occupancy Rate: 100
Number of Units: 9
# of Floors Above Gr: 1
Total Parking: 153
Year Built: 1964
Use Code: 426 - COMMUNITY SHOPPING CTR
Acreage: 3.68
Tax Info
Parcel #: 040-002918
Zoning: retail
Mult Parcels/Sch Dis: No
Tax Year: 2023
Tax Abatement: No
Taxes (Yrly): 50165
Tax Incentive: No
Status Change Info
Under Contract Date: 2025-03-28
Sold Date: 2025-06-20
Sold Price: $3,451,000
T Reimburses L
Curr Yr Est $/SF TRL: 2.6
Lease Info
Pass Exp Over BaseYr: Yes
Exp Stop $: 2.6
Financials
Financials ForYearOf: 2024
Gross Rental Income: 285700
Expenses
R.E. Taxes: 51000
Property Insurance: 12579
Repairs&Maintenance: 21100
Auction Info
Auction/Online Bidding Y/N: No
Deposit Required: 10000
Property Features
Addl Acceptance Cond: None Known
Expenses Paid by L: Building Insurance; Repairs; RE Taxes
T Reimburses L: Cam
T Contracts Directly: All Utilities; Janitorial; Repairs
Heat Fuel: Gas
Heat Type: Forced Air
Electric: Single Phase
Sewer: Public Sewer
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
Construction: Block; Brick
Sprinkler: None
Business Type: Retail; Shopping Center
New Financing: Conventional
MLS Primary PhotoSrc: Realtor Provided
Documents
site plan ›Listing Office: Grabill & Company, LLC.
Listing Agent: Steven Mauger
Last Updated: July - 20 - 2025
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