793-813 Hebron Road

Retail-Commercial for Sale
793-813 Hebron Road
Catylist Listing ID: 30223820
Building Size (RSF): 30,657 SF
Gross Land Area: 3.20 Acres
Sale Price: $2,932,183
Unit Price: $95.64 PSF
Property Use Type: Investment, Vacant/Owner-User
Sale Terms: Undisclosed
Cap Rate: 8.5%
Last Updated: 3/12/2018

Overview / Comments

The South Gate Corners is a 30,211 square foot multi-tenant retail center located at 793-813 Hebron Road (SR 79), Heath,Ohio 43056. The subject property is comprised of an impressive array of national, regional and local tenants, all with NNNleases and ample parking. The offering represents a unique opportunity to acquire a well-located, stabilized asset in anestablished residential/commercial neighborhood. The center is conveniently located out front of the heavily trafficed IndianMound Mall. Hebron Road is known as State Route 79 and winds its way through Newark, Heath and Hebron connecting thesecities to I-70 and State Route 161 (also known as SR 37 and SR16). The city of Heath is well established, located just south ofNewark, the county seat for Licking County. This area Licking County is a strong, blue collar community with long timeresidents and commercial success.

Additional Details

Nearest MSA: Columbus
County: Licking
Tax ID/APN: 01120824900000018000
Total Number of Buildings: 1
Number of Stories: 1
Year Built: 1964

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 5,485 40,998 67,479
Median Age: 41.58 38.57 38.58
Households: 2,245 16,704 27,336


Photograph of Listing Agent

Jesse S Shkolnik

Equity, LLC COCIE Member
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