Established Retail Center For
2300-2328 June Pkwy Zanesville, OH
For Sale
Contact for pricing
Retail center with 15 units in Zanesville, OH.
Property Size18,000 SF
Lot Size3.21 Acres
Price / SF$77.78
Days on Market434
Property Features for 2300-2328 June Pkwy
General Information
Standard status
Active
Size
18,000 SF
Lot size
3.21 Acres
Property subtype
RETAIL
Listing Agency:
SHAI-Hess Commercial Real Estate
(740) 819-8557
Listed By:
Nick Roberts
(740) 819-8557
Source:
Moodyscre
Added: May 22, 2025
Changed: Jul 10
Last Checked: Jul 21 at 7:01AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of SHAI-Hess Commercial Real Estate
Investment Insights
Based on property information with market context.
Offered for sale is an established retail center located at 2300 June Parkway, Zanesville, OH 43701. Constructed in 2002, this commercial-zoned property encompasses 18,000 square feet and features a total of 15 units, currently configured as 8 spaces to accommodate tenant needs. Ample parking is available. The center is well-maintained and designed for flexibility, supporting a mix of local and regional tenants. Its functional layout and consistent occupancy make it an ideal opportunity for retail or strip center investors seeking a stabilized asset with long-term potential. Financials are available upon request; a signed Non-Disclosure Agreement (NDA) is required to receive detailed information.
Key Highlights
- Stabilized asset with consistent occupancy, ideal for retail or strip center investors.
- 18,000 SF Commercial‑zoned property built in 2002.
- Features 15 total units, configured as 8 spaces for tenant flexibility.
Financial Insights For Retail
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $172.8k | $9.60 |
| − Vacancy | −$6.0k | −$0.34 |
| EGI | $166.8k | $9.26 |
| − OpEx | −$50.0k | −$2.78 |
| NOI | $116.7k | $6.48 |
18,000 SF · lease $9.60/SF/yr · vacancy 3.50% · expense 30.00%
Alternative Uses
Best Use
Retail
$1.67M
$1.46M – $1.95M
NOI $116,726 @ 7.0% cap · market cap 8.34%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$3.91M
$3.42M – $4.56M
NOI $273,473 @ 7.0% cap · market cap 19.53%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Strip mall - Retail center with 15 units in Zanesville, OH.
Where is this strip mall located?
The property is located at 2300-2328 June Pkwy Zanesville, OH.
What is the asking price?
The asking price for this property is $1,400,000.
What are key features of this property?
This property features: Stabilized asset with consistent occupancy, ideal for retail or strip center investors.; 18,000 SF Commercial‑zoned property built in 2002.; Features 15 total units, configured as 8 spaces for tenant flexibility.
