Property profile

29 Sandusky St Delaware, OH 43015

OFF-MARKET
Retail properties & Spaces
1,400 SF
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Property summary

AI-generated overview

This exceptional 1,400 square foot retail storefront, located at 29 N Sandusky Street in Delaware, Ohio, presents a compelling investment opportunity. Priced at $395,000, the property boasts a 100% occupancy rate with a long-term lease in place with Homestretch Apparel, ensuring a stable income stream. Situated in the heart of downtown Delaware, this commercially zoned property benefits from its prime location within walking distance of Ohio Wesleyan College, surrounded by a vibrant mix of local businesses and restaurants. The high-traffic location on North Sandusky Street sees 11,943 vehicles daily, guaranteeing significant visibility and foot traffic. Convenient parking is available both in front of and behind the building, enhancing accessibility for both customers and employees. The property's strong demographics are further supported by a 3-mile average household income of $99,598, indicating a robust consumer base. This turnkey investment offers a rare combination of location, occupancy, and income potential, making it an ideal addition to any portfolio. The single-tenant occupancy simplifies management, while the long-term lease provides financial stability and predictability. This is a truly exceptional opportunity to acquire a thriving retail property in a thriving Ohio community.

Property profile

Verified
Property type Retail properties & Spaces
Total area 1,400 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
  • Clothing Store

Location

29 Sandusky St Delaware, OH 43015
Delaware metro
Google Maps

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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