4099 Hoover Road, Grove City, OH 43123 (MLS# 224043689)

Location Property Info

Original List Price: 3800000
Property Sub Type: Retail
Street #: 4099
Street Name: Hoover
Street Suffix: Road
County: Franklin
State: OH
Zip Code: 43123
Township: Jackson

OfficeContract Info

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: Yes
Total Parking: 153
Year Built: 1964
Use Code: 426 - COMMUNITY SHOPPING CTR
Acreage: 3.68
Total SqFt Available: 0
Max Cont Sqft Avail: 0
Minimum Sqft Avail: 0
# of Docks: 0
Assoc/Condo Fee: 0

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

T Reimburses L

Curr Yr Est $/SF TRL: 2.6
Cam: Yes

More Information

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

Location & Property Info

City (Mailing Addr): Grove City
Dist To Interchange: 1
Corp LimitPerAuditor: Grove City

Office/Contract Info

Active on MLS: 2024-12-23
For Sale: Yes
Mortgage Balance: 0
Exchange: No
For Lease: No
Lease Rate $/Sq Ft: 10

Remarks & Misc

Property 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

Income/Expenses

Gross Income: 285700
Net Operating Income: 160400
Total Expenses: 84700

Addl Acceptance Cond

None Known: Yes

Expenses Paid by L

Building Insurance: Yes
Repairs: Yes
RE Taxes: Yes

T Contracts Directly

All Utilities: Yes
Janitorial: Yes
Repairs: Yes

Misc Int & Ext Info

Drive-In Doors Size: Yes
Parking Ratio/1000: 4
Traffic CountPerDay: 16400

Construction

Block: Yes
Brick: Yes

Heat Fuel

Gas: Yes

Sewer

Public Sewer: Yes

Services Available

Electricity Available: Yes
Natural Gas Available: Yes
Sewer Available: Yes
Storm Sewer: Yes
Water Available: Yes

Heat Type

Forced Air: Yes

Electric

Single Phase: Yes

New Financing

Conventional: Yes

Sprinkler

None: Yes

Business Type

Retail: Yes
Shopping Center: Yes

MLS Primary PhotoSrc

Realtor Provided: Yes

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

Last Updated: July - 20 - 2025

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