490 S Jefferson Ave - Storefront Retail/Office FOR SALE


Plain City, OH 43064
$1,486,000 USD
602-687-6698
490 S Jefferson Ave, Plain City, OH for Sale
$1,486,000 USD
Storefront Retail/Office - FOR SALE
1/5
null | 7.15% Cap Rate

490 S Jefferson Ave
Plain City, OH 43064


HIGHLIGHTS

  • 100% Leased to Smile Works Family Dentistry and The Middlefield Banking Company (21 Branches Throughout Ohio)
  • Middlefield Bank Exercised Early Renewal, Showing Long Term Commitment to the Location
  • Tenants on Triple-Net (NNN) Leases | Parking Lot Scheduled to be Resurfaced Next Month
  • 191,747 Residents within a 10-Mile Radius in the Columbus MSA
  • Households and Population Projected to Increase 8%+ in the Immediate Area by 2028
  • Average Household Income Exceeds $116,000 within 5 Miles

OVERVIEW

Marcus & Millichap is pleased to present for sale the Village Shoppes located in Plain City, OH. Smile Works Family Dentistry provides high-quality preventative and restorative care to patients with options to strengthen and protect their oral health. The Middlefield Banking Company is a full-service community bank offering a wide range of banking services to individuals and small businesses that fit the needs of its local communities. Plain City is a village in Madison and Union counties in Central Ohio, along Big Darby Creek, home to over 4,400 residents. Plain City is in close proximity to major interstates and highways, providing easy access to Columbus and other major Midwest cities. Plain City is situated within the Columbus metro area.

FOR SALE DETAILS

PRICE

$1,486,000 USD

PRICE/SF

$250 USD /SF

CAP RATE

7.15%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Village Shoppes

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Storefront Retail/Office

ADD'L SUBTYPES

Bank, Freestanding, Medical

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

2007

SPRINKLERS

-

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.78 AC

LAND SF

33,977 SF

ZONING

-

APN/PARCEL ID

04-00166.004

ASK ABOUT THIS PROPERTY

Brennan CleggMarcus & MillichapMore Info
602-687-6698

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Brennan CleggMarcus & MillichapMore Info
602-687-6698

By clicking the button, you agree to Showcase's Terms of Use and Privacy Policy.