Property profile

1713 Hl N Rd Pickerington, OH 43147

OFF-MARKET
Super regional malls
Property ID
US66-1420363
45,476 SF 6.24 ac lot Built 1989
Entity Owned 4-yr Hold ~ Est. High Equity
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Property summary

AI-generated overview

This exceptional retail opportunity is located within the Shoppes at Turnberry, a well-established shopping center in Pickerington, Ohio. The property, situated at 1713 Hill Rd N, 43147, boasts a total of 46,190 square feet across one building. Currently, a 7,700 square foot space is available for lease, formerly occupied by a Goodwill Department Store. The space is in excellent condition, both inside and out, and benefits from high visibility due to its location at a signalized intersection of Hill Rd N (Route 256) and Tussing Road, experiencing massive traffic counts of 71,500 vehicles per day. Easy ingress and egress are key features, enhancing accessibility for customers. The property sits on a 6.24-acre lot and is professionally managed by local ownership. The landlord is offering friendly lease terms and NNN charges of $5.00 per square foot per year. The space is available December 1, 2024, and the owner is willing to subdivide the space into 2-3 smaller units to accommodate various tenant needs. This irreplaceable location offers excellent street signage and is part of an established neighborhood shopping center.

Property profile

Verified
Property type Super regional malls
Use group REGIONAL SHOPPING CENTER, MALL
Year built 1989
Construction STEEL FRAME
Total area 45,476 SF
Lot 6.24 ac (271,814 SF)
APN 041-02413.10
UPID US66-1420363

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
  • Insurance Agency
  • Travel Agency
  • Postal Service Courier Service
  • Postal Service Courier Service

Location

1713 Hl N Rd Pickerington, OH 43147-8732
Pickerington metro Census 32701 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$760k
CAP Approach CAP
by Request
Comparable Approach Comparable
$924k
Blend (final) Blend
$760k

Owner & transaction history

since 2022
5 recorded transactions
2022
Price N/A
2019
Price N/A
2015
Price N/A
2015
$5.8M
2007
Price N/A

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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