South High Street Retail | 3463-3489 S High St
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South High Street Retail 3463-3489 S High St
91,522 SF 99% Leased Retail Building Columbus, OH 43207 $5,775,000 ($63/SF) 8% Cap Rate
Investment Highlights
- 38,902 Square Foot Shopping Center | Anchored by Planet Fitness and Newly Expanded National Storage
- Value-Add Potential Through Outparcel Development and Ancillary Income Services Such as Approved EV Charing
- Straight Shot on High Street to Downtown Columbus | Five Miles and Less than 15 Minutes
- New Lease Executed for End-Cap Vacancy | Occasional Solutions is in the Midst of Tenant Buildout
- Premier Visibility and Frontage | Subject Property Sits Closer to High Street than Any Competing Shopping Center | 26,200+ Average Vehicles per Day
- Less than One Mile from the On-ramp to Interstate 270 West ("The Outerbelt") | Direct Access to Dense Columbus Suburbs
Executive Summary
38,902 Square Foot Shopping Center | Anchored by Planet Fitness and Newly Expanded National Storage | Storage on Separate Parcel and not Part of Offering
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
91,522 SF
Building Class
B
Year Built
1975
Price
$5,775,000
Price Per SF
$63
Cap Rate
8%
NOI
$462,000
Percent Leased
99%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.27
Lot Size
7.70 AC
Zoning
C4, Columbus - Commercial District
Parking
60 Spaces (5 Spaces per 1,000 SF Leased)
Frontage
348 FT on S High St
Amenities
- Dedicated Turn Lane
- Pylon Sign
- Signage
- Signalized Intersection
Space Availability
- Space
- Size
- Space Use
- Position
- Available
End cap with great visibility from both Williams Road and High Street.
small office / retail space
| Space | Size | Space Use | Position | Available |
| 3471 | 3,180 SF | Retail | End Cap | 30 Days |
| 400B | 966 SF | Office | In-Line | Now |
3471
| Size |
| 3,180 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| 30 Days |
400B
| Size |
| 966 SF |
| Space Use |
| Office |
| Position |
| In-Line |
| Available |
| Now |
3471
| Size | 3,180 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | 30 Days |
End cap with great visibility from both Williams Road and High Street.
400B
| Size | 966 SF |
| Space Use | Office |
| Position | In-Line |
| Available | Now |
small office / retail space
Nearby Major Retailers
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $1,021,480 | |
| Land Assessment | $485,390 | Total Assessment | $1,506,870 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$485,390
Improvements Assessment
$1,021,480
Total Assessment
$1,506,870
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South High Street Retail | 3463-3489 S High St
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