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Park Plaza 789 Hebron Rd 64,800 SF 76% Leased Retail Building Heath, OH 43056 $5,513,884 CAD ($85.09 CAD/SF)

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INVESTMENT HIGHLIGHTS

  • Gross Income 2023: $457,000
  • Excellent Investment Opportunity

EXECUTIVE SUMMARY

Presenting an exceptional investment opportunity in the thriving retail landscape of Heath, OH. This 64,800 SF retail property, boasting 12 units and a well maintained roof and a gross income of $457,000 for 2023. This is a prime prospect for retail/strip center investors seeking a stable and promising asset. Built in 1965, this property offers a solid foundation for immediate income and future growth potential. With its strategic location and impressive features, this property is a valuable addition to any retail portfolio. Don't miss out on the chance to capitalize on the steady growth and success of the Heath retail market. A lot split is currently in progress to exclude the Heath Post Office and Hot Head Burritos. Financial and lease information will be made available to potential buyers upon signing a non-disclosure agreement.
Excellent, high traffic location on Hebron Road (SR-79) in Heath. This property offers access to both Hebron Road and S 30th Street. Hebron Road connects I-70 to SR-16 and serves as a major national and regional commercial corridor, surrounded by residential neighborhoods. With over 32,500 vehicles traveling daily, this area sees significant traffic. The S 30th Street access is located at a signaled intersection, adjacent to the Indian Mound Mall and other national brands.

PROPERTY FACTS

Sale Type
Investment
Property Type
Retail
Property Subtype
Storefront
Building Size
64,800 SF
Building Class
C
Year Built
1965
Price
$5,513,884 CAD
Price Per SF
$85.09 CAD
Percent Leased
76%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
8.00 AC
Opportunity Zone
Yes
Zoning
Commercial
Parking
160 Spaces (2.47 Spaces per 1,000 SF Leased)
Frontage
486’ on Hebron Rd

AMENITIES

  • Pylon Sign
  • Signage
  • Signalized Intersection

SPACE AVAILABILITY

  • SPACE
  • SIZE
  • SPACE USE
  • POSITION
  • AVAILABLE
  • G
  • 15,300 SF
  • Retail
  • In-Line
  • Now

Now available for lease at 789 Hebron Rd, Heath, OH: Two versatile 15,300 SF spaces or one contiguous 30,600 SF space. These former retail suites offer a flexible layout ideal for a wide range of commercial uses. The spaces feature open floorplans, ample ceiling height, and prominent frontage for maximum visibility. Whether you need one unit or the entire space, this property offers a seamless transition for tenants. Build-out and improvement options are negotiable, providing the opportunity to tailor the space to your specific needs. The parking lot will be resurfaced in 2025, enhancing both curb appeal and functionality. Don’t miss the chance to position your business in a functional and adaptable setting. Excellent, high traffic location on Hebron Road (SR-79) in Heath. This property offers access to both Hebron Road and S 30th Street. Hebron Road connects I-70 to SR-16 and serves as a major national and regional commercial corridor, surrounded by residential neighborhoods. With over 32,500 vehicles traveling daily, this area sees significant traffic. The S 30th Street access is located at a signaled intersection, adjacent to the Indian Mound Mall and other national brands.

  • H
  • 15,300 SF
  • Retail
  • -
  • 60 Days

Now available for lease at 789 Hebron Rd, Heath, OH: Two versatile 15,300 SF spaces or one contiguous 30,600 SF space. These former retail suites offer a flexible layout ideal for a wide range of commercial uses. The spaces feature open floorplans, ample ceiling height, and prominent frontage for maximum visibility. Whether you need one unit or the entire space, this property offers a seamless transition for tenants. Build-out and improvement options are negotiable, providing the opportunity to tailor the space to your specific needs. The parking lot will be resurfaced in 2025, enhancing both curb appeal and functionality. Don’t miss the chance to position your business in a functional and adaptable setting.

Space Size Space Use Position Available
G 15,300 SF Retail In-Line Now
H 15,300 SF Retail - 60 Days

G

Size
15,300 SF
Space Use
Retail
Position
In-Line
Available
Now

H

Size
15,300 SF
Space Use
Retail
Position
-
Available
60 Days

G

Size 15,300 SF
Space Use Retail
Position In-Line
Available Now

Now available for lease at 789 Hebron Rd, Heath, OH: Two versatile 15,300 SF spaces or one contiguous 30,600 SF space. These former retail suites offer a flexible layout ideal for a wide range of commercial uses. The spaces feature open floorplans, ample ceiling height, and prominent frontage for maximum visibility. Whether you need one unit or the entire space, this property offers a seamless transition for tenants. Build-out and improvement options are negotiable, providing the opportunity to tailor the space to your specific needs. The parking lot will be resurfaced in 2025, enhancing both curb appeal and functionality. Don’t miss the chance to position your business in a functional and adaptable setting. Excellent, high traffic location on Hebron Road (SR-79) in Heath. This property offers access to both Hebron Road and S 30th Street. Hebron Road connects I-70 to SR-16 and serves as a major national and regional commercial corridor, surrounded by residential neighborhoods. With over 32,500 vehicles traveling daily, this area sees significant traffic. The S 30th Street access is located at a signaled intersection, adjacent to the Indian Mound Mall and other national brands.

H

Size 15,300 SF
Space Use Retail
Position -
Available 60 Days

Now available for lease at 789 Hebron Rd, Heath, OH: Two versatile 15,300 SF spaces or one contiguous 30,600 SF space. These former retail suites offer a flexible layout ideal for a wide range of commercial uses. The spaces feature open floorplans, ample ceiling height, and prominent frontage for maximum visibility. Whether you need one unit or the entire space, this property offers a seamless transition for tenants. Build-out and improvement options are negotiable, providing the opportunity to tailor the space to your specific needs. The parking lot will be resurfaced in 2025, enhancing both curb appeal and functionality. Don’t miss the chance to position your business in a functional and adaptable setting.

NEARBY MAJOR RETAILERS

Park National Bank
Altitude Trampoline Park
Five Guys
Tumbleweed Southwest Grill
Starbucks
Chase Bank
Tim Hortons
Kroger
Olive Garden
LongHorn Steakhouse

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
030-088518-00.000
Land Assessment
$1,074,194 CAD
Improvements Assessment
$1,317,212 CAD
Total Assessment
$2,391,406 CAD
  • Listing ID: 32122119

  • Date on Market: 2024-06-13

  • Last Updated:

  • Address: 789 Hebron Rd, Heath, OH 43056

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