7760-7860 Olentangy River RdColumbus, OH 43235

For Sale

Worthington, OH Retail Investment Opportunity

Overview

Added:
Dec 11, 2024
Days on market:
91
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.

Highlights

  • 35,000 SF shopping center in Worthington, OH.
  • 7.5% capitalization rate and $540,000 NOI.
  • Anchored by Hills Market and Rusty Bucket, with additional tenants including Huntington Bank, and others.
  • Prime location, one mile north of I-270/SR 315 interchange (30,000+ vehicles daily), with high visibility signage.
  • Adjacent to Olentangy Greenway Trail and Worthington Hills community (1,200 homes, country club, golf course).

Property Details for 7760-7860 Olentangy River Rd

Property type
Lifestyle centers, Power centers
Square Feet
35,000 SF
Buildings
1
Stories
1

Location Insight

City
Columbus
County
Franklin
State
Ohio
Latitude
40.124506704783
Longitude
-83.035776688842
7760-7860 Olentangy River Rd, Columbus, Ohio

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].
7760-7860 Olentangy River Rd
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your first name
Please enter your last name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Select size
Please enter message