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Save-A-Lot Center

$4,100,000

4900 West Broad Street, Columbus, OH 43228

Active
Last Updated: 03/03/2025

7.52

Cap Rate

308,475.13

NOI

Details:
Cap Rate:    7.52%
NOI:    $308,475.13
Building Size:    40,966 sqft
Lot Area:    2.99 acres
Occupancy:    100%
Year Built:    1978
Highlights:
  • Grocery-Anchored Shopping Center
  • Within 1 block of OhioHealth Doctors Hospital - 213 beds
  • 2016 - Completely Renovated Inside & Out
  • Average Household Incomes of over $66,000
  • High Daytime Population of over 170,000
Description:

The Gilbert Group is pleased to exclusively present for sale 4900 W Broad Street located in Columbus, Ohio. The subject property is located in close proximity to OhioHealth Doctors Hospital, under 2 miles from $400 million Hollywood Casino Columbus.
The subject property is situated directly off Interstate 270 and consists of 2 parcels totaling 2.99 acres with street frontage on both the north and south boundaries with over 32,000 vehicles driving by per day. The asset is being offered at below replacement cost of $93.49 per square foot and shall deliver a cash-on-cash return of 11.8 percent.

n/a

Map:
1 Space Available

F, F Medical

Available:
Immediately
Sublease:
No
SQFT
2,144
Lease Type:
Gross
Documents:
Title
Offering Memorandum (L)
View
Lease_Brochure__L_.pdf
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Location
Gallery