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6445-6481 N Hamilton Rd
Westerville, OH 43081

West Albany Center · Retail Property For Sale

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
22,585 SF
Building Class
C
Year Built
2008
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.14
Lot Size
3.64 AC
Zoning
CPD
Parking
174 Spaces (3.02 Spaces per 1,000 SF Leased)

Amenities

  • Pylon Sign
  • Signage
  • Drive Thru

About 6445-6481 N Hamilton Rd , Westerville, OH 43081

INCREDIBLE INVESTMENT OPPORTUNITY! Recently constructed retail shopping center for sale at the corner of Hamilton & Warner Roads. This center is well positioned for future success as the area continues to rapidly develop. Strategically located less than a half mile to SR-161 and less than 3 miles to I-270, the center reaches the affluent New Albany and Westerville sub-markets. HQ Flats, Casto’s development on the opposite side of Hamilton Rd, will bring 800 units to the immediate area. The Fenimore to the north at Central College & Hamilton Roads began construction in October 2017 and will bring another 180 units. One mile south of the center, the mixed-use development project, Hamilton Quarter, is currently under construction, anchored by Big Lots Corporate HQ, and OSU Surgical Center. The development will bring 700,000 SF of Class A office, Big Lots Corporate HQ, 700 apartment units and 130 senior living units to the market. This 2008 center is being offered at a 6.52% CAP rate. Tenants have signed net-leases providing minimal Landlord responsibilities. One small vacancy provides upside to any buyer.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
010-278313
Land Assessment
$802,800
Improvements Assessment
$1,017,420
Total Assessment
$1,820,220
  • Listing ID: 15776165

  • Date on Market: 4/18/2019

  • Last Updated:

  • Address: 6445-6481 N Hamilton Rd, Westerville, OH 43081

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