7760-7860 Olentangy River Rd Columbus, OH 43235
This exceptional 35,000-square-foot shopping center in Worthington, Ohio, presents a compelling investment opportunity. Boasting a strong 7.5% capitalization rate and a net operating income (NOI) of $540,000, this single-story building is anchored by established and reputable tenants including Hills Market and Rusty Bucket. The property benefits from a prime location, just one mile north of the heavily trafficked I-270/SR 315 highway interchange, experiencing 30,000 vehicles per day. High visibility is ensured through available monument/pylon signage. Further enhancing its appeal, the center enjoys adjacency to the Olentangy Greenway Trail, attracting over 300,000 annual visitors, and is situated at the base of Worthington Hills, a community encompassing approximately 1,200 homes, a country club, and a golf course. The property's strategic location is further complemented by its proximity to The Bristol, a 108-unit senior living center. Other tenants include Huntington Bank, Michael O'Reilly, Great Clips, Massey's Pizza, Rejuvenate Nail Spa, and Identity Atelier. This well-positioned shopping center offers a stable income stream and significant growth potential. The property's strong tenant mix, high traffic counts, and desirable location make it an attractive investment for discerning buyers.
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.