1241 N Hamilton Rd | Gahanna, OH 43230
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1241 N Hamilton Rd
Gahanna, OH 43230
Sherwin-Williams · Retail Property For Sale
Investment Highlights
- Freestanding Sherwin Williams in Columbus, OH with 9.75 Years Remaining on NN Lease; Upcoming 8% Rent Increase Takes Cap Rate to 6.21% in 2025
- Established Location – Has Been Operating Since 2001 and Recent 10 Year Lease Extension (Signed June 2020) Shows Commitment to Site
- 17% Population Growth in Immediate Area Since 2010 with Expected Growth to Continue in the Future
- Sherwin Williams Corporate Guarantee | Publicly Traded (NYSE: SHW) Tenant with $17.9 Billion in Annual Sales (2019)
- Located in Dense and Affluent Suburban Market of Columbus, OH; 177,776 Residents Within 5 Miles and AHHI of $97,987
- Adjacent to 340,000 SF Kroger, Marshalls and HomeGoods Anchored Shopping Center and a Half Mile South of Morse and Hamilton Intersection (52,600 VPD)
PROPERTY FACTS
Property Type
Retail
Property Subtype
Freestanding
Building Size
5,000 SF
Building Class
B
Year Built
2001
Tenancy
Single
Building Height
1 Story
Building FAR
0.22
Lot Size
0.53 AC
Parking
30 Spaces (6 Spaces per 1,000 SF Leased)
Frontage
88 ft on N Hamilton Rd
Amenities
- Pylon Sign
- Signage
PROPERTY TAXES
| Parcel Number | 025-012673 | Improvements Assessment | $643,237 |
| Land Assessment | $154,445 | Total Assessment | $797,683 |
PROPERTY TAXES
Parcel Number
025-012673
Land Assessment
$154,445
Improvements Assessment
$643,237
Total Assessment
$797,683
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