Property profile

380-556 Hill Rd Pickerington, OH 43147

OFF-MARKET
Neighborhood centers
40,987 SF Built 1988
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Property summary

AI-generated overview

This exceptional 40,987 square foot retail strip center, situated on a 5-acre lot in Pickerington, Ohio, presents a compelling investment opportunity. Located at 380-556 Hill Road North, this well-maintained property boasts a prime location just one mile south of Refugee Road, benefiting from high visibility and accessibility. The center features multiple units of varying sizes, with 4,236 square feet currently available for lease. Three individual spaces are immediately available, totaling 1,412 square feet. Built in 1988, the property is zoned C4 and offers ample parking for customers and tenants. The strategic location at a signalized intersection ensures high traffic exposure, with documented traffic counts reaching 24,605 vehicles per day. This presents a unique chance to acquire a well-established retail center in a thriving community, offering attractive lease rates and significant potential for growth. The property's size and configuration provide flexibility for a variety of retail uses, making it an ideal investment for both seasoned and emerging investors. The Fairfield County location offers a strong demographic profile and a robust local economy. This is a rare opportunity to secure a well-positioned retail property in a high-traffic area with significant upside potential. The property's existing infrastructure and ample parking further enhance its appeal.

Property profile

Verified
Property type Neighborhood centers
Year built 1988
Total area 40,987 SF

Cap rate & NOI

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

Location

380-556 Hill Rd Pickerington, OH 43147
Pickerington metro
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Value estimations

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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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