Listing Agency: Marcus & Millichap - Columbus s***@ipausa.com Show Phone

Listed By: Craig Fuller · License #OH 2008001551

Source: Crexi

Added: Apr 12 Changed: Jul 22 Last Checked: Jul 22 at 6:11AM

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Investment Insights

Based on property information with market context.

This retail investment property is presented for sale with a stated 6.75% cap rate. The offering includes approximately 7,000 SF of retail space.

The property is located at 225 Milan Ave in Norwalk, Ohio. Additional leasing, tenant, and improvement details are not included in the provided information.

Key Highlights

• Retail property with a stated 6.75% cap rate
• Approximately 7,000 SF available

Property Analytics

Current Use

UPS Access Point ... Courier Service Advance Auto Parts Auto Parts Store

Suggested Use

Top Pick Dental Office Building Supply Law Firm Big Box & Wholesale Store Real Estate Agency Spa & Massage Center

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

350

Businesses Nearby

Explore this area Business Placement

Demographics for 44857, OH

23,619

Population

10,579

Households

2.2

Avg Household Size

41

Median Age

21%

College-Educated

93%

High-School Grad

81.6 sq mi

ZIP Area

289

Density / Sq Mi

$62,227

Median Household Income

$42,100

Median Earnings

$795

Median Rent

$170,400

Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020

7.3% 2021

6.5% 2022

6% 2023

5.7% 2024

6.3% 2025

Questions? Ask Rey

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Frequently Asked Questions

What type of property is this?

Retail space - Retail property offered with a stated 6.75% cap rate and approximately 7,000 SF available.

Where is this retail space located?

The property is located at 225 Milan Ave Norwalk, OH.

What are key features of this property?

This property features: Retail property with a stated 6.75% cap rate; Approximately 7,000 SF available