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Property profile & analytics
FOR LEASE
Grocery and convenience stores

3841 S Hamilton Rd Groveport, OH 43125

86,075 SF 14.02 ac lot Built 2008
Individually Owned 3-yr Hold Free & Clear
Property ID
US66-1834023
Property summary
AI-generated overview

Walnut Creek Plaza, located at 3841 S Hamilton Rd in Groveport, Ohio (zip code 43125), offers a 3,000 square foot retail space perfect for a restaurant. This space, situated within a larger 115,095 square foot shopping center in Franklin County's Groveport submarket, is part of a multi-tenant building with 15 total suites. The unit includes a patio, a pre-installed hood, and a cooler/freezer, significantly reducing initial setup costs. Excellent signage opportunities exist to maximize brand visibility. The well-maintained shopping center boasts a diverse tenant mix, ensuring a consistent flow of potential customers. The space is adaptable and ready for customization to meet the specific needs of a restaurant's layout and operational requirements, whether it's a sit-down, fast-casual, or quick-service establishment. This is an exceptional opportunity to establish a thriving business in a vibrant and accessible location. The property is conveniently located in Groveport, Ohio, offering easy access for both customers and employees.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 2008
Total area 86,075 SF
Lot 14.02 ac (610,581 SF)
APN 530-285937
UPID US66-1834023
Cap rate & NOI
Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors
Implied cap rate, NOI & suggested price
Cap vs submarket · NOI estimate · 3 price anchors
Current use
Occupant on record · Public records
  • Giant Eagle Prepared Foods Restaurant Take-out & Catering
  • Giant Eagle Deli Food Market Restaurant
  • Giant Eagle Bakery Bakery Specialty Food Shop
  • Giant Eagle Supermarket Grocery & Convenience Store Food Market
  • State Liquor Agency (Bike/Boat/Book/etc) Store
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
$6.03M
CAP Approach CAP
by Request
Comparable Approach Comparable
by Request
Blend (final) Blend
$5.96M
Owner & transaction history
Exchangeright Nlp 61 Master Lessee · 3 yrs held
Exchangeright Nlp 61 Master Lessee
since 2023
Last sale
$6.0M
7 recorded transactions
2023
Price N/A
2023
Price N/A
2023
Price N/A
2023
$23.9M
2018
$23.6M
2011
Price N/A
2011
$21.7M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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