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1380 Sunbury Rd Delaware, OH 43015

Outlet malls Google Maps
191,612 SF 18.53 ac lot Built 2008
Individually Owned 18-yr Hold Free & Clear
Estimated value (blended)
$10.51M
Range $9.45M – $11.56M (±10%)
Property ID US66-2493989

Property summary

AI-generated overview

This exceptional retail leasing opportunity is located inside a high-traffic Meijer store in Delaware, Ohio (43015), at 1380 Sunbury Rd. Two available spaces range from 608 to 735 square feet, totaling 932 square feet of vacant, in-store retail space. The property offers a prime, front-of-store location with unparalleled visibility and access to thousands of weekly customers. This "Store-Within-A-Store" concept provides a range of benefits, including high foot traffic, an all-inclusive monthly fee covering real estate taxes, property insurance, CAM, and utilities, and interior and exterior branding opportunities. The location boasts exceptional demographics within a thriving trade area. Ideal for various businesses, including financial institutions, food and beverage vendors, service businesses, and health and wellness providers. This is a unique opportunity to position your business within one of the Midwest's most well-known retail destinations. The property is located in Delaware County, Ohio, and is classified as retail, in-store tenancy with multiple spaces available.

Property profile

Verified
Property type Outlet malls
Use group WHOLESALE OUTLET, DISCOUNT STORE
Year built 2008
Total area 191,612 SF
Lot 18.53 ac (806,993 SF)
APN 518-300-07-002-000
UPID US66-2493989

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
  • Electronics & Wireless Store
  • Pharmacy
  • Physician
  • Physician
  • Bank Credit Union

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$11.46M
Comparable Approach Comparable
$10.93M
Blend (final) Blend
$10.51M

Owner & transaction history

since 2007
1 recorded transaction
2007
$4.0M

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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Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
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