601 Hill RdPickerington, OH 43147

Property Details for 601 Hill Rd

Year built

1960

Construction

STEEL FRAME

Lot size

0.71 AC

Property size (Sq ft)

3,578 SF

Property type

Retail properties

Property subtype

Auto shops

APN

041-02475.11

APU

410247511

Description

This exceptional investment opportunity presents a 2,042 square foot special purpose property located at 601 Hill Road N, Pickerington, Ohio 43147. Built in 1960 and renovated in 2010, this property sits on a substantial 30,492 square foot lot. Currently leased to Enterprise Rent-A-Car, a Fortune 500 company, this offering provides a stable and predictable income stream via a triple net (NNN) lease. The asking price is $790,000, translating to a price per square foot of $386.88. The entire 2,042 square feet is net rentable. This property is ideally suited for 1031 exchange investors seeking a secure, long-term investment with a blue-chip tenant. Detailed lease and financial information will be provided upon execution of a Non-Disclosure Agreement by qualified buyers. Please do not disturb the tenants on-site. This is a prime opportunity to acquire a well-established, successful business in a desirable location. The property's strong tenant history and favorable lease terms make it an attractive addition to any investment portfolio. Serious inquiries only.

• CAP approach

  CAP return

  Valuation

  6%

  $915,545

  6.5%

  $845,119

  7%

  $784,753

• Comparable approach

  Method

  Valuation

  Relative Method

  $843,409

  Geo Method

  $843,409

• Alternative Use

  Use

  Valuation

  Residential

  $712,889

  Hospitality

  $653,003

  Educational

  $543,291

  Medical

  $561,975

  Retail

  $845,119

Location Insight

City

Pickerington

County

Fairfield

State

Ohio

Latitude

39.8973

Longitude

-82.7653

CBSA code

18140

CBSA name

COLUMBUS, OH METROPOLITAN STATISTICAL AREA

Property Tax & Assessments

FAQs

How do I add a non-forward facing team member such as a broker coordinator or broker aide to a listing in order to ensure they get notifications on the property?

Please email our support team at [email protected] and they will add the team member.

How do I access a private listing?

Please contact the broker directly with the information provided on the listing. Once the broker approves your credentials he will make the information public to you.

How can I contact the broker?

We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.

How do I unsubscribe from emails?

At the footer of each email you will find links to Reduce Email Frequency, Adjust Email Settings or Unsubscribe altogether. If you choose to Unsubscribe and are still receiving emails please reach out to us at [email protected].