The Commons at Clark Hall
$6,820,000
73-109 North Hamilton Road, Gahanna, OH 43230
For Sale
Retail
Neighborhood Center
Active
Last Updated: 08/06/2026
7.75
Cap Rate
528,299.95
NOI
Details:
Cap Rate: 7.75%
NOI: $528,299.95
Building Size: 22,790 sqft
Lot Area: 2.64 acres
Units: 8
Year Built: 2012
Floors: 1
Highlights:
- 100% leased & occupied
- Signalized entrance into the neighborhood center
- Adjacent to Gahanna Lincoln high school, with a student enrollment around 2,500
- Well maintained center with local property management in place
- Hamilton Road | 25,800 + VPD
- Cash-on-cash Return | 8.12%
Description:
The Commons of Clark Hall is a two building, multi-tenant retail center located along Hamilton Road, within the main retail corridor in Gahanna, Ohio. The center is currently 100% occupied, including national co-tenants Panera Bread, Chipotle, Pacific Dental & Rusty Bucket Tavern. Additional retailers include Pulp Juice, Gahanna Vision Center and Dae Han Chicken.
The property sits on a Ground Lease, owned by the local school district, which significantly reduces the property taxes for any new Buyer. There are 79 years remaining on the Ground Lease, which expires March 3rd, 2097.
None
1 Space Available
109 North Hamilton Road Strip Center
Available:
Immediately
Sublease:
No
SQFT
2,257
Lease Type:
Gross
End cap unit
Fully built out restaurant available
Documents:
| Title | ||
|---|---|---|
| Lease_Brochure__L_.pdf |
* Documents permissions are set by the listing owner, request information to access locked documents.
Location
Gallery
