6445 HAMILTON Road, Westerville, OH 43081
$4,547,500
Property Type:
Commercial
Square Footage:
26,510
Lot Size (sq. ft.):
158,558
Status:
Closed
Current Price:
$4,547,500
List Date:
3/12/2018
Last Modified:
1/17/2025
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 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.
Supplements: ********
More Information MLS# 216036361
Location Property Info
Original List Price: 5300000
Sold Price: $4,547,500
Property Sub Type: Shopping Center
Street #: 6445
Street Name: HAMILTON
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43081
Subdiv/Cmplx/Comm: Albany Place Shopping Center
Township: None
OfficeContract Info
Status: Closed
MLS Entry Date: 2016-10-06
General Property Info
Total SqFt Available: 26510
Bldg Sq Ft: 26510
Max Cont Sqft Avail: 26510
Minimum Sqft Avail: 26510
# of Floors Above Gr: 1
Year Built: 2008
Acreage: 3.64
Tax Info
Parcel #: 010-278313
Zoning: CPD
Mult Parcels/Sch Dis: No
Tax Year: 2015
Tax Abatement: No
Status Change Info
Under Contract Date: 2019-09-23
Sold Date: 2019-11-15
Sold Price: $4,547,500
Sold Price/SqFt: 171.54
T Reimburses L
Curr Yr Est $/SF TRL: 5.84
Auction Info
Auction/Online Bidding Y/N: No
Property Features
Addl Acceptance Cond: None Known
Services Available: Electricity Available; Natural Gas Available; Sewer Available; Storm Sewer; Water Available
MLS Primary PhotoSrc: Realtor Provided
Listing Office: The Robert Weiler Company
Listing Agent: Alexander Marsh
Last Updated: January - 17 - 2025
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