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    Neighborhood Retail Center with Drive-Thru Title is generated by Realmo AI

    6844 Refugee Rd, Canal Winchester, OH 43110

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    Modern neighborhood retail center with multiple suites, ample parking, and a drive-thru capable outlot pad.

    Type:RETAIL
    Property size:
    9,888 SF
    Lot size:
    1.57 Acres
    Price / SF:
    $236/SF
    Added:
    Jun 18, 2026
    Days on Market:
    7
    Last Refresh:
    Jun 24 at 2:10 am

    Property Features for 6844 Refugee Rd

    General Information

    Standard status
    Active
    Size
    9,888 SF
    Lot size
    1.57 Acres
    Property subtype
    RETAIL

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    Listing Contact
    Roya Ghodsi

    Listing agent Roya Ghodsi License #2001005917

    Listing office RE/MAX Town Center | Columbus

    Listing date Jun 18, 2026

    Source Moodyscre

    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 RE/MAX Town Center | Columbus

    HighLights

    • Neighborhood retail center totaling approx. 9,888 SF on 1.566 acres with multiple tenant suites
    • Approx. 307 ft frontage on Refugee Road for signage exposure and visibility
    • 5‑unit retail center with diversified tenant mix
    • Dedicated parking for approx. 68 vehicles
    • Pylon signage available to enhance roadside visibility
    • Drive‑thru capable pad/restaurant outlot suitable for food or service operators

    Overview

    This for-sale neighborhood retail center totals approximately 9,888 SF across multiple tenant suites within a modern retail building constructed in 2003. The property sits on 1.566 acres and is configured as a five-unit retail center, offering flexible suite options for neighborhood-oriented retail and service uses. Dedicated on-site parking is available with approximately 68 spaces to support customer access and turnover. Pylon signage is also available to enhance tenant visibility from the road. In addition to the primary retail building, there is a drive-thru capable pad/restaurant outlot that can suit food or service operators looking for convenient customer flow.

    The property features approximately 307 feet of frontage on Refugee Road, providing strong roadside exposure for the center and its tenants. The site is surrounded by dense residential rooftops, supporting a neighborhood retail tenant profile.

    For tenants or buyers seeking a compact retail platform with diversified suite opportunities, this center offers a practical mix of interior suite space and an external outlot pad for drive-thru or restaurant-related concepts. Customer-friendly parking and signage options are in place to help retail users reach drive-by traffic while serving local demand.

    Local 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 $193.4k $19.56
    − Vacancy −$5.3k −$0.53
    EGI $188.1k $19.03
    − OpEx −$56.4k −$5.71
    NOI $131.7k $13.32
    9,888 SF · lease $19.56/SF/yr · vacancy 2.72% · expense 30.00%

    Alternative Uses

    Best Use
    Retail
    $1.88M
    $1.65M – $2.20M (±1% cap)
    NOI $131,704 @ 7.0% cap · market cap 5.64%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Specialty Retail
    $2.02M
    $1.76M – $2.35M (±1% cap)
    NOI $141,111 @ 7.0% cap · market cap 6.04%
    Zoning and permitted uses should be independently verified with local authorities.
    Location Intelligence

    Current Use by Public Records

    Shopping centers

    Suggested Use

    Real Estate Agency Law Firm Restaurant Spa & Massage Center Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm Skin Care Clinic

    Zoning and permitted uses should be independently verified with local authorities.

    Similar Places Nearby

    • Gender Road Towne Centre — 3614 Gender Rd, Canal Winchester, OH 43110
    • Coinstar Kiosk | Bitcoin ATM — Kroger - Columbus, 3588 Gender Rd, Canal Winchester, OH 43110

    Location Insight

    • Map
    • Local Demand
    City
    Canal Winchester
    County
    Franklin
    State
    Ohio
    Longitude
    -82.8177491
    Latitude
    39.9113952

    FAQs

    What type of property is this?
    Shopping center - Modern neighborhood retail center with multiple suites, ample parking, and a drive-thru capable outlot pad.
    Where is this shopping center located?
    The property is located at 6844 Refugee Rd Canal Winchester, OH.
    What is the asking price?
    The asking price for this property is $2,335,000.
    What are key features of this property?
    This property features: Neighborhood retail center totaling approx. 9,888 SF on 1.566 acres with multiple tenant suites; Approx. 307 ft frontage on Refugee Road for signage exposure and visibility; 5‑unit retail center with diversified tenant mix
    (614) 286-9950 Call to check price and availability
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