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    2740 London Groveport Rd Grove City, OH 43123

    Sponsored
    For Lease
    $24 SF/Yr

    Prime Grove City retail space, 15 suites.

    Lot size:
    29,229 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    This exceptional Class A retail center, located at 2740 London Groveport Rd, Grove City, OH 43123, offers 29,229 square feet of space across two single-story buildings. Built in 2008, the property features 15 suites suitable for a variety of retail uses, including neighborhood shopping, strip center, and salon businesses. The center boasts ample parking on the south side, conveniently situated between two signalized intersections with a dedicated central entrance. Its strategic location in the Grove City submarket of Franklin County places it along a thriving retail corridor, anchored by major businesses such as Kroger, Massage Envy, Straders, and Meijer. The proximity to Mt. Carmel's new medical center further enhances its appeal. The property's zoning is designated as Neighborhood Shopping Center (APN: 040-008054-00). This well-positioned center provides excellent visibility and accessibility, making it an ideal investment opportunity for discerning retail tenants. The cross streets are London-Groveport Rd & Rings Rd.

    Property Features for 2740 London Groveport Rd

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    29,229 SF
    Class
    A
    Total Rate
    58458

    Building Details

    Year Built
    2008
    Buildings
    2
    Stories
    1

    Unit(s) available at that property

    Space
    2794
    Size
    2,428 SF
    Rate per SF
    $24
    Space
    2740 / 2744
    Size
    2,980 SF
    Rate per SF
    $27

    HighLights

    • High‑traffic retail location.
    • Prominent corner location with signalized intersections.
    • On‑site building signage available.
    • Exceptional visibility, exceeding 18,000 vehicles per day.
    • Ample parking.
    Property Profile Location Intelligence

    Current Use by Public Records

    Petland Grove City Pet Supply Store

    Suggested Use

    Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Gym & Fitness Wholesale Shop

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

    Location Insight

    • Map
    • Local Demand
    City
    Grove City
    County
    Franklin
    State
    Ohio
    Longitude
    -83.079067590592
    Latitude
    39.839857336213

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    FAQs

    What type of property is this?
    Neighborhood center - Prime Grove City retail space, 15 suites.
    Where is this neighborhood center located?
    The property is located at 2740 London Groveport Rd Grove City, OH.
    What is the lease rate?
    The lease rate is $24-$27 SF/Yr.
    What are key features of this property?
    This property features: High-traffic retail location.; Prominent corner location with signalized intersections.; On-site building signage available.
    Request Owner's contact information
    2740 London Groveport Rd Grove City, OH 43123
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    Grove City, OH 43123
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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
    2740 London Groveport Rd Grove City, OH 43123
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