Property Type:
Commercial
Square Footage:
21,204
Lot Size (sq. ft.):
125,453
Status:
Closed
Current Price:
$1,600,000
List Date:
1/11/2023
Last Modified:
2/27/2025
Overview
Description
UNIQUE OPPORTUNITY! 94.34 % LEASED SHOPPING CENTER IN COLUMBUS! Rare opportunity to buy a nearly full retail center with tremendous upside. Tenants paying below market and on short-term leases provides an opportunity to increase rents and push revenue. 7.4% current cap rate with vacancy in place. Good opportunity for an owner-user to occupy the vacant space and collect rent from the remaining space. Price well below replacement cost and under $100 per square foot. Incredible upside opportunity.
Last Updated: February - 27 - 2025
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