1280 E Main St | Newark, OH 43055
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1280 E Main St
Newark, OH 43055
Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Positioned At The Intersection Of East Main Street And Dayton Road, The Property Benefits From High Visibility And Accessibility.
- Newark, Ohio, is part of the Columbus, OH Metropolitan Statistical Area (MSA)
EXECUTIVE SUMMARY
Demographics - 18,554+ People Reside Within a 3 Mile Radius Of The Site. Newark Is Home To The Newark Campus Of Ohio State University, Providing Higher Education Opportunities For The Region. The Campus Offers A Variety Of Undergraduate Programs, Contributing To The Local Economy And Culture.
PROPERTY FACTS
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
8,540 SF
Building Class
C
Year Built/Renovated
2013/2014
Price
$1,390,765
Price Per SF
$162.85
Cap Rate
8.75%
NOI
$121,692
Tenancy
Single
Building Height
1 Story
Building FAR
0.08
Lot Size
2.50 AC
Parking
25 Spaces (2.92 Spaces per 1,000 SF Leased)
AMENITIES
- Signage
PROPERTY TAXES
| Parcel Number | 055-282744-03.000 | Improvements Assessment | $294,880 |
| Land Assessment | $164,080 | Total Assessment | $458,960 |
PROPERTY TAXES
Parcel Number
055-282744-03.000
Land Assessment
$164,080
Improvements Assessment
$294,880
Total Assessment
$458,960
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