1290 E Powell Rd
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1290 E Powell Rd
6,761 SF Retail Building Lewis Center, OH 43035 $2,200,000 ($325/SF) 6.55% Cap Rate
Investment Highlights
- Single tenant, long-term investment in Lewis Center, Ohio
Executive Summary
Introducing a prime investment opportunity in the heart of the thriving Lewis Center area. This automotive services retail center,
built in 2001, is a stand-alone, 6,732 SF building. A long-term, stable lease commenced in 2024, providing a great, low-risk investment opportunity.
built in 2001, is a stand-alone, 6,732 SF building. A long-term, stable lease commenced in 2024, providing a great, low-risk investment opportunity.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Auto Repair
Building Size
6,761 SF
Building Class
B
Year Built
2001
Price
$2,200,000
Price Per SF
$325
Cap Rate
6.55%
NOI
$144,000
Tenancy
Single
Building Height
1 Story
Building FAR
0.11
Land Acres
1.35 AC
Parking
60 Spaces (8.87 Spaces per 1,000 SF Leased)
Frontage
323 FT on E Powell Rd
Nearby Major Retailers
PROPERTY TAXES
| Parcel Number | 318-341-02-002-000 | Improvements Assessment | $1,652,460 |
| Land Assessment | $546,420 | Total Assessment | $2,198,880 |
PROPERTY TAXES
Parcel Number
318-341-02-002-000
Land Assessment
$546,420
Improvements Assessment
$1,652,460
Total Assessment
$2,198,880
-
JR Kern -
Ed Fellows -
Capitol Equities Realty
(614) 760-5660
x124
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1290 E Powell Rd
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