Technical
Financial
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Property profile

5330 Warner Rd Westerville, OH 43081

OFF-MARKET
Neighborhood centers
33,000 SF
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Property summary

AI-generated overview

This exceptional retail opportunity presents 18,000 square feet of vacant space within a 33,000-square-foot strip center located at the northeast corner of Hamilton Road and Warner Road in Westerville, Ohio. The property, part of the Hondros Crossing mixed-use development, benefits from a highly desirable location within a rapidly growing submarket of Columbus. Situated less than one mile from SR-161 and 3.5 miles from I-270, it enjoys exceptional visibility and accessibility. The site is strategically positioned near a newly developed Turkey Hill, thousands of new apartments, and the Hamilton Quarter Project, encompassing 700,000 square feet of new office space, a new Ohio State University Hospital, 800 multi-family units, and 130 senior housing units. Roadway improvements to Warner and Hamilton Roads are projected to generate 20,000 cars per day along Hamilton Road, ensuring high traffic volume. Units are divisible to a minimum of 1,000 square feet, offering flexibility for various retail concepts. The property is zoned CPD - Commercial Planned District (Franklin County APN: 010-263114-00) and currently houses established tenants including Hondros College, Zoom Room Dog Training, and Afton Blu Hair Salon. This presents a unique chance to join a thriving mixed-use development in a strong retail market with affluent demographics. The available space ranges from 1,000 to 17,000 square feet.

Property profile

Verified
Property type Neighborhood centers
Total area 33,000 SF

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Current use

Occupant on record · Public records
  • Construction Company General Contractor

Location

5330 Warner Rd Westerville, OH 43081
Westerville metro
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Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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