803-837 Houk Rd, Delaware, OH 43015
This exceptional retail opportunity is located at Westfield Shopping Center, situated at the high-traffic intersection of SR-37 and N Houk Road in Delaware, Ohio (43015). The property, a community center totaling 114,805 square feet, offers two available suites: one approximately 2,000 square feet and another approximately 5,000 square feet, with a minimum divisible space of 1,600 square feet and a maximum contiguous space of 5,000 square feet. Currently, 11,800 square feet is vacant. The center boasts a diverse tenant mix including retail, medical, and service businesses, creating a convenient destination for a large customer base. Benefit from the strong draw of a recently renovated ($2 million) Kroger, a shadow anchor tenant, along with other established businesses such as Buffalo Wild Wings, Valvoline, T-Mobile, and Great Clips. This prime location offers significant exposure and is conveniently located minutes from Ohio Wesleyan College and Grady Memorial Hospital, serving a trade area exceeding 100,000 people. The property is in Delaware County, within the Delaware submarket, providing excellent access and visibility. This is an ideal location for businesses seeking high visibility and a strong customer base in a thriving community.
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
Similar Nearby for Sale
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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.