Technical
Financial
Distress signals
Property profile

2110 Hilliard Rome Rd Hilliard, OH 43026

OFF-MARKET
Retail space
Property ID
US66-2505492
6,958 SF 0.97 ac lot Built 2007
Individually Owned 1-yr Hold Free & Clear
Saved · see the list in your Dashboard

Property summary

AI-generated overview

This exceptional investment opportunity presents a 6,751-square-foot Advance Auto Parts store located at 2110 Hilliard Rome Road, Hilliard, Ohio 43026, within the Columbus MSA. The property sits on a 0.97-acre lot and boasts 34 parking spaces. Built in 2007, this single-tenant net lease property offers a substantial 10.1 years remaining on the lease, expiring December 31, 2034, with three 5-year renewal options. The current annual net operating income (NOI) is $105,000, representing a 6.35% capitalization rate on the asking price of $1,650,000. Rent increases are structured with a $2.00 per square foot increase in the first option and a $1.00 per square foot increase in subsequent options. The property benefits from excellent visibility and accessibility along Hilliard Rome Road (56,666 vehicles per day), just one mile north of the I-70 on-ramp (104,510 vehicles per day). Situated in a prime retail and commercial corridor, the location enjoys strong demographics, including a population of 76,284 and an average household income of $119,306 within a 3-mile radius. Within a 3-mile radius, there's 4.4 million square feet of retail, 1.4 million square feet of office space, 28.9 million square feet of industrial space, and 11,439 multifamily units. The property's location provides a substantial built-in customer base with nearly 6,800 households within one mile. This is a rare opportunity to acquire a well-performing, net-leased asset with a strong tenant and significant long-term growth potential.

Property profile

Verified
Property type Retail space
Use group RETAIL STORES (PERSONAL SERVICES)
Year built 2007
Total area 6,958 SF
Lot 0.97 ac (42,210 SF)
APN 560-282854
UPID US66-2505492

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
  • Courier Service Postal Service
  • Auto Parts Store

Location

2110 Hilliard Rome Rd Hilliard, OH 43026-3513
Hilliard metro Census 7966 COLUMBUS, OH METROPOLITAN STATISTICAL AREA
Google Maps

Value estimations

Realmo proprietary · 4 methods
AI Approach AI
$1.57M
CAP Approach CAP
$1.43M
Comparable Approach Comparable
$1.35M
Blend (final) Blend
$1.57M

Owner & transaction history

since 2024
Last sale
$1.6M
3 recorded transactions
2024
$1.6M
2016
$1.6M
2008
$1.2M

Zoning & alternative use

Top alternative use upside
Restaurant $2.0M +132.6%
Office building $1.2M +40.5%
Auto repair, garage $1.1M +31.9%

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
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
You own 2110 Hilliard Rome Rd?
List it free. Reach 20,000 daily buyers.
We’ve already pulled the facts. Confirm photos + price and you’re live in 2 minutes.
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message