7760-7860 Olentangy River RdColumbus, OH 43235

Property Details for 7760-7860 Olentangy River Rd

Property size (Sq ft)

35,000 SF

Property type

Retail properties

Property subtype

Lifestyle centers

Description

This exceptional 35,000-square-foot shopping center in Worthington, Ohio, presents a compelling investment opportunity. Boasting a strong 7.5% capitalization rate and a net operating income (NOI) of $540,000, this single-story building is anchored by established and reputable tenants including Hills Market and Rusty Bucket. The property benefits from a prime location, just one mile north of the heavily trafficked I-270/SR 315 highway interchange, experiencing 30,000 vehicles per day. High visibility is ensured through available monument/pylon signage. Further enhancing its appeal, the center enjoys adjacency to the Olentangy Greenway Trail, attracting over 300,000 annual visitors, and is situated at the base of Worthington Hills, a community encompassing approximately 1,200 homes, a country club, and a golf course. The property's strategic location is further complemented by its proximity to The Bristol, a 108-unit senior living center. Other tenants include Huntington Bank, Michael O'Reilly, Great Clips, Massey's Pizza, Rejuvenate Nail Spa, and Identity Atelier. This well-positioned shopping center offers a stable income stream and significant growth potential. The property's strong tenant mix, high traffic counts, and desirable location make it an attractive investment for discerning buyers.

Location Insight

City

Columbus

County

Franklin

State

Ohio

Latitude

40.1245

Longitude

-83.0358

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