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803-837 Houk Rd Delaware, OH 43015

OFF-MARKET Community centers Google Maps
114,805 SF
Estimated value
No estimation on file for this property yet.
Property ID

Property summary

AI-generated overview

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.

Property profile

Verified
Property type Community centers
Total area 114,805 SF

Cap rate & NOI

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

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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