3325 Broad StColumbus, OH 43213

For Sale
$3,600,000

High-yield, 100% occupied shopping center.

Overview

Added:
Dec 11, 2024
Days on market:
91
Mayfair Center presents a compelling investment opportunity in the desirable Columbus, Ohio market. This 27,747 square foot shopping center boasts 100% occupancy, anchored by a newly-leased 12,608 square foot Family Dollar store, alongside a mix of national and local credit tenants. Situated on a prominent +/- 1.40-acre corner lot at 3325 E Broad St, Columbus, OH 43213, the property offers exceptional visibility and accessibility. The center operates under a Triple Net (NNN) lease structure, minimizing landlord responsibilities and maximizing passive income. With a strong cap rate of 7.82% and an asking price of $3,600,000, this multi-tenant retail property represents a stable and potentially lucrative investment. The property's location in Franklin County provides access to a robust consumer base and significant growth potential. The current tenant mix ensures a consistent revenue stream, making this an attractive option for investors seeking a high-performing, low-maintenance asset in a thriving market. This is a rare opportunity to acquire a fully leased, high-quality retail center in a prime Columbus location.

Highlights

  • $3,600,000 asking price.
  • 27,747 square foot retail shopping center.
  • 100% occupancy with national and local tenants, including a new Family Dollar.
  • Located on a +/- 1.40 acre corner lot in Columbus, OH.
  • 7.82% cap rate.
  • NNN lease type.

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
39.971897127579
Longitude
-82.912183600217
3325 Broad St, Columbus, Ohio

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3325 Broad St
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