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CVS Pharmacy 1950 Hard Rd 11,348 SF Retail Building Columbus, OH 43235 $4,018,091 CAD ($354.08 CAD/SF) 7% Cap Rate
Investment Highlights
- Long-term commitment to the site with the tenant occupying this location for nearly 30 years
- Strong Traffic Exposure: Prominent frontage and signage along Hard Road and Smoky Row Road, with combined daily traffic counts exceeding 20,592
- Solid Demographics: 17,817 people within a 1 mile radius | 78,566 people within 3 mile radius
- High-Visibility Corner Location: Positioned at the signalized intersection of Hard Road and Smoky Row Road
- New Roof Installed in 2021
- Strong Household Income: Average household income is $86,647 within a 1 mile radius
Executive Summary
Long-term commitment to the site with the tenant occupying this location for nearly 30 years
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Drug Store
Building Size
11,348 SF
Building Class
B
Year Built
1997
Price
$4,018,091 CAD
Price Per SF
$354.08 CAD
Cap Rate
7%
NOI
$281,266 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.21
Lot Size
1.27 AC
Zoning
LC4
Parking
48 Spaces (4.05 Spaces per 1,000 SF Leased)
Frontage
Amenities
- Pylon Sign
- Signage
- Signalized Intersection
Fairly walkable
50/100
Exceptionally drivable
90/100
Limited public transit
30/100
Fairly bikeable
50/100
Property Taxes
| Parcel Number | 610-193731 | Improvements Assessment | $743,440 CAD |
| Land Assessment | $512,554 CAD | Total Assessment | $1,255,994 CAD |
Property Taxes
Parcel Number
610-193731
Land Assessment
$512,554 CAD
Improvements Assessment
$743,440 CAD
Total Assessment
$1,255,994 CAD
Contacts
-
Deno Bistolarides -
Brandon Hanna -
Danny Samona -
Encore Real Estate Investment Services
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CVS Pharmacy | 1950 Hard Rd
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