9001-9051 Columbus Pike, Lewis Center, OH, 43035
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Key Information
Highlights
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Strong Leasing Momentum | Brand-New 10-Yr Leases Executed With Floor & Decor and Painted Tree Boutiques | Brand-New 15-Yr Lease With Chick-fil-A | Early Extensions With Marshalls, HomeGoods & Michaels
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Ideal Location in Heart of Retail Corridor at Signalized Intersections Along Columbus Pike & E Powell Rd | 67,000+ Combined VPD Traffic Count | Excellent Access & Visibility | Less Than 3 Miles From I-71 & Polaris Town Center
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Surrounded by Significant Daily Traffic Drivers Including Walmart, Meijer, BJ’s Wholesale Club, Aldi, Home Depot & Menards
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Highly Desirable Demographics | 3-Mile AHHI: $136,000 | 5-Mile Population: 175,000 | Projected 1-Mile Population & Household Growth of 13% Over the Next 5 Years
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Primely Positioned in the Affluent, High-Growth Pocket of the Columbus MSA | Fastest-Growing Major Metro in the Midwest
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Floor & Decor, Marshalls, HomeGoods, Chick-fil-A, Michaels and Painted Tree Comprise 90% of Rental Income
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Offered Free & Clear of Existing Financing
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Less Than 20 Miles From “Silicon Heartland” – Intel’s New $28B Semiconductor Manufacturing Campus | Significant Investments From Amazon, Meta, Microsoft & Google
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Opportunity to Immediately Lower Basis and Increase Going-In Yield by Selling Off Chick-fil-A Individually | Already Separately Parceled
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An investor is presented with the opportunity to immediately lower their basis and increase their going-in yield by selling off Chick-fil-A separately at a significantly lower cap rate than where the entire center is acquired.
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