2550 S Hamilton Rd

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2550 S Hamilton Rd

Columbus, OH 43232
Asking Price
$1.70M
Asset Type
Retail
Class
Class B

What's Special

2550 S Hamilton Rd is located in the Eastland neighborhood of Columbus, Ohio, situated along a prominent commercial corridor. This area is characterized by a mix of established residential communities and high-traffic retail centers. The property is positioned near major arterial roads and provides convenient access to Interstate 70 and US-33, facilitating regional connectivity. Public transportation via COTA bus lines serves the immediate vicinity. Nearby amenities include various fast-food restaurants, grocery stores, and automotive services, contributing to a consistent flow of local consumer traffic. The property is suited for a variety of retail applications, including neighborhood service providers, specialty boutiques, or general merchandise stores. Given the high visibility and accessibility of the site, ideal tenants would include service-oriented businesses, discount retailers, or small-scale food and beverage operators. The typical tenant profile consists of local or regional businesses seeking a location with high daily vehicle counts and proximity to a dense population base. The functional layout of the asset supports flexible interior configurations to accommodate diverse commercial requirements.

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NOI
$80,000
Cap Rate
4.71%
DSCR
0.79
Underwater
Cash-on-Cash
-4.10%
Monthly Payment
$8,410.672
Annual Cash Flow
$-20,928.069

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