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    6962-7106 Main St Reynoldsburg, OH 43068

    Sponsored
    For Lease
    $1.00 SF/Yr ($11,053 /Mo)

    Prime Retail Space Available

    Lot size:
    132,643 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional 132,643 square foot shopping center, situated on 12.77 acres in Reynoldsburg's Southeast submarket, presents a unique investment opportunity. Built in 1960 and renovated in 2009, the property boasts a single-story building with 350 parking spaces and a prominent location accessible from I-70, just 12 miles east of Columbus. The center features a former 40,000 square foot Kroger grocery store, along with smaller inline suites ranging from 800 to 54,292 contiguous square feet, currently offering 73,392 square feet of vacant space. Outparcel development opportunities are also available. The property benefits from a signalized entrance at both ends, full curb cuts for easy access, and ample monument and building signage opportunities. Located near Reynoldsburg's municipal offices and recreation areas, this property is zoned CC - Community Commerce District (APN: 060-001128-00, Franklin County). The area has seen significant recent investment, making it an attractive location for businesses. This property offers a diverse range of options for retail tenants, from large anchor spaces to smaller inline units, providing flexibility for various business needs. The property's strategic location and extensive amenities make it an ideal investment for those seeking a high-traffic, well-established retail center.

    Property Features for 6962-7106 Main St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    132,643 SF
    Total Rate
    11053.58

    Building Details

    Year Built/Renovated
    1960/2009
    Stories
    1

    Unit(s) available at that property

    Space
    Size
    132,643 SF
    Rate per SF
    $1.00

    HighLights

    • 132,643 SF shopping center with a former 40,000 SF Kroger grocery store available for lease.
    • Smaller inline spaces ranging from 800 SF are also available.
    • Outparcel development opportunities are available on this 12.77‑acre site.
    • The property features signalized access at both ends, providing convenient ingress and egress.
    • Full curb cuts allow for easy access and ample parking with 350 spaces.
    • Monument and building signage opportunities are available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    Reynoldsburg
    County
    Franklin
    State
    Ohio
    Longitude
    -82.810825
    Latitude
    39.956391

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space Available
    Where is this lifestyle center located?
    The property is located at 6962-7106 Main St Reynoldsburg, OH.
    What is the lease rate?
    The lease rate is $1.00 SF/Yr.
    What are key features of this property?
    This property features: 132,643 SF shopping center with a former 40,000 SF Kroger grocery store available for lease.; Smaller inline spaces ranging from 800 SF are also available.; Outparcel development opportunities are available on this 12.77-acre site.
    Request Owner's contact information
    6962-7106 Main St Reynoldsburg, OH 43068
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    6962-7106 Main St Reynoldsburg, OH 43068
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