3841 Hamilton RdGroveport, OH 43125

Property Details for 3841 Hamilton Rd

Year built

2008

Lot size

14.02 AC

Property size (Sq ft)

86,075 SF

Property type

Grocery and convenience stores

APN

530-285937

APU

530285937

Description

Walnut Creek Plaza, located at 3841 S Hamilton Rd in Groveport, Ohio (zip code 43125), offers a 3,000 square foot retail space perfect for a restaurant. This space, situated within a larger 115,095 square foot shopping center in Franklin County's Groveport submarket, is part of a multi-tenant building with 15 total suites. The unit includes a patio, a pre-installed hood, and a cooler/freezer, significantly reducing initial setup costs. Excellent signage opportunities exist to maximize brand visibility. The well-maintained shopping center boasts a diverse tenant mix, ensuring a consistent flow of potential customers. The space is adaptable and ready for customization to meet the specific needs of a restaurant's layout and operational requirements, whether it's a sit-down, fast-casual, or quick-service establishment. This is an exceptional opportunity to establish a thriving business in a vibrant and accessible location. The property is conveniently located in Groveport, Ohio, offering easy access for both customers and employees.

• CAP approach

  CAP return

  Valuation

  6%

  $22,025,030

  6.5%

  $20,330,796

  7%

  $18,878,596

• Comparable approach

  Method

  Valuation

  Relative Method

  $20,289,668

  Geo Method

  $20,289,668

• Alternative Use

  Use

  Valuation

  Residential

  $17,149,788

  Hospitality

  $15,709,113

  Educational

  $13,069,798

  Medical

  $13,519,288

  Retail

  $20,330,796

Location Insight

City

Groveport

County

Franklin

State

Ohio

Latitude

39.8966

Longitude

-82.8842

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

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