Plain City, OH (Columbus MSA) 43064

Village Shoppes

Property Address

490 Jefferson Ave, Plain City, OH, USA

Offering Summary

  • Price: $1,486,000
  • Lot Size: .78 Acres
  • Cap Rate: 7.15%
  • Year Built: 2007
  • Building SF: 5,940
  • Status: In Escrow
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  • 100% Leased to Smile Works Family Dentistry and The Middlefield Banking Company (21 Branches Throughout Ohio)
  • Middlefield Bank Exercised Early Renewal, Showing Long Term Commitment to the Location
  • Tenants on Triple-Net (NNN) Leases | Parking Lot Scheduled to be Resurfaced Next Month
  • 191,747 Residents within a 10-Mile Radius in the Columbus MSA
  • Households and Population Projected to Increase 8%+ in the Immediate Area by 2028
  • Average Household Income Exceeds $116,000 within 5 Miles
  • Easily Accessible by 12,000 Cars per Day Along South Jefferson Avenue
  • Close Proximity to National Tenants: McDonald's, Ace Hardware, Dollar General, etc.
  • Adjacent to Madison Meadows Master-Planned Community (450+ Homes at Build-Out)

Broker Information