2167-2209 Stringtown Rd | Grove City, OH 43123
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- LoopNet Team
2167-2209 Stringtown Rd
Grove City, OH 43123
Derby Square · Retail Property For Sale
Investment Highlights
- Pandemic Proof Investment - Strong collections of 99.5% in 2020 due to the necessity nature of the tenant base
- Consistent Performance - Average 98.43% occupancy over the past 6 years
- Superior Access - Located in close proximity to one of Columbus’s primary travel corridors, seeing nearly 100,000+ Vehicles Per Day
- Recently Renewed, Dominant Grocery Anchor - Recently completed a 7-year extension
- Stable Cash Flow from Necessity Based Tenancy - 70%+ of GLA leased to essential tenancy (56% leased to grocery component)
- Dependable & Affluent Consumer Base - $85,000+ Avg. Household Income within 3 Miles
PROPERTY FACTS
Property Type
Retail
Building Size
125,250 SF
Building Class
C
Year Built/Renovated
1992/2006
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.32
Lot Size
9.00 AC
Zoning
C2, Grove City - C-2 RETAIL COMMERCIAL
Parking
300 Spaces (2.4 Spaces per 1,000 SF Leased)
Frontage
600 FT on Stringtown Rd
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 040-007496 | Improvements Assessment | $2,950,395 |
| Land Assessment | $849,240 | Total Assessment | $3,799,635 |
PROPERTY TAXES
Parcel Number
040-007496
Land Assessment
$849,240
Improvements Assessment
$2,950,395
Total Assessment
$3,799,635
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