Retail Space
2484-2556 Scarborough Boulevard Columbus, OH 43232
Details & Description
Price: $1,975,000
    UNIQUE OPPORTUNITY! 94.34 % LEASED SHOPPING CENTER IN COLUMBUS! Rare opportunity to buy a nearly full retail center with tremendous upside. Tenants paying below market and on short-term leases provides an opportunity to increase rents and push revenue. 7.4% current cap rate with vacancy in place. Good opportunity for an owner-user to occupy the vacant space and collect rent from the remaining space. Price well below replacement cost and under $100 per square foot. Incredible upside opportunity. The property is currently in contract.
    Property Highlights
    Additional Photos
    Listing Agents
    Alex Marsh

    O: 614-245-2182
    M: 614-937-3658
    amarsh@rweiler.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    2484-2556 Scarborough Boulevard

    Columbus, OH 43232

    No Longer Listed
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    Price
    $ /mo
    Property Highlights
    94.34% LEASED
    7.4% CURRENT CAP RATE
    GRAT LOCATION WITH EASY ACCESS TO MAJOR ROADS
    EXCELLENT OPPORTUNITY FOR AN OWNER-USER
    Description

    UNIQUE OPPORTUNITY! 94.34 % LEASED SHOPPING CENTER IN COLUMBUS! Rare opportunity to buy a nearly full retail center with tremendous upside. Tenants paying below market and on short-term leases provides an opportunity to increase rents and push revenue. 7.4% current cap rate with vacancy in place. Good opportunity for an owner-user to occupy the vacant space and collect rent from the remaining space. Price well below replacement cost and under $100 per square foot. Incredible upside opportunity. The property is currently in contract.

    Attachments & Files

    Columbus Area Market Trends

    Listing Demographics for 2484-2556 Scarborough Boulevard Columbus, OH 43232

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population12,548110,210236,340
    Population Median Age323636
    Population by Age0-9 Yrs2098 (16%)15656 (14%)34002 (14%)
    10-19 Yrs1954 (15%)15773 (14%)32178 (13%)
    20-29 Yrs1988 (15%)16139 (14%)32494 (13%)
    30-39 Yrs2104 (16%)16276 (14%)36402 (15%)
    40-49 Yrs1433 (11%)13547 (12%)29872 (12%)
    50-59 Yrs1476 (11%)13698 (12%)29933 (12%)
    60-69 Yrs994 (7%)11159 (10%)24621 (10%)
    70+ Yrs501 (3%)7961 (7%)16838 (7%)
    Median HH Income$45,375$47,760$53,936
    Total Household Income< 24K859 (17%)9067 (20%)17803 (18%)
    25-49K1905 (38%)13984 (31%)25969 (27%)
    50-74K1263 (25%)9153 (20%)18222 (19%)
    75-99K524 (10%)5256 (11%)12257 (13%)
    100-199K410 (8%)5506 (12%)16730 (17%)
    200K+45 (0%)889 (2%)2968 (3%)
    Highest Education LevelNo Diploma468749713947
    Diploma or GED26692529148592
    Some College22891806636663
    Assoc. Degree424595513066
    Bachelors Degree13901084829493
    Higher Degree367441715125
    Total Housing Units5,35646,769100,295
    --Owner-Occupied1,58820,15547,402
    --Renter-Occupied3,41723,70046,548
    Owner-Occupied Values< 100K664608012040
    100-199K8851164021512
    200-299K33194210217
    300-399K42322390
    400-499K0105706
    500K+4155536
    Total Working Age Population9,10684,403182,043
    In Work Force6,96157,957127,076
    Not In Work Force2,14526,44654,967
    Workforce Employed6,40254,306119,221
    Workforce Unemployed5593,6287,724
    Civlian Workforce6,96157,933126,944
    Military Workforce023132
    Total Households5,00543,85593,950
    Family Households3,08925,74455,963
    Non-Family Households1,91618,11137,987
    Married Couple1,28213,74233,113
    Other Family1,80712,00222,850
    Married w/Child5005,37714,216
    Single Male w/Child511,1992,762
    Single Female w/Child1,2535,95610,567

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Fairfield County122,759+19146,156+7157,040+9170,630
    Franklin County1,068,978+91,163,414+111,291,320+81,394,980
    Licking County145,491+14166,492+9180,860+9196,570

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 2484-2556 Scarborough Boulevard in Columbus?
    The asking price for 2484-2556 Scarborough Boulevard is $1,975,000
    What is the building size of this Retail property in Columbus, OH?
    The size of the building/unit at 2484-2556 Scarborough Boulevard in Columbus is 21,204 square feet
    How much land does the Columbus, OH property at 2484-2556 Scarborough Boulevard include?
    2484-2556 Scarborough Boulevard in Columbus includes 2.879 acres of land
    What kind of Retail is the propery at 2484-2556 Scarborough Boulevard?
    The property at 2484-2556 Scarborough Boulevard Columbus, OH 43232 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 2484-2556 Scarborough Boulevard in Columbus?
    The population within 1 mile of 2484-2556 Scarborough Boulevard Columbus, OH 43232 is 12,548 people.
    Who do I contact for questions about 2484-2556 Scarborough Boulevard?
    You should contact the listing agent, Alex Marsh, for any details regarding this commercial listing.

    Closest Commercial Airports

    Airport Distance (mi)
    John Glenn Columbus International Airport (CMH) 5
    Rickenbacker International Airport (LCK) 9
    James M Cox Dayton International Airport (DAY) 73