704-720 Harry Sauner Rd, Hillsboro, OH 45133

10,196 SF | 100% Leased | Retail Building | Hillsboro, OH 45133 | $2,029,000 ($199/SF) | 7.25% Cap Rate

Asking Price $2,029,000

Property Type
Retail
Square Feet
10,196 SF
Price / Square Foot
$199

Listing Contacts

Austin Hannah

Property Overview

Marcus & Millichap is pleased to present the opportunity to acquire a 10,196-square-foot, multi-tenant retail center located in the primary retail trade area of Hillsboro, Ohio. Sauner Square is currently 100 percent occupied, and all leases are triple-net. The center has a strong tenant base comprised largely of national retailers. Tenants include T-Mobile, Great Clips, Hillsboro Tobacco & Vapor, GameStop, and First State Bank. Constructed in 2004, the building is situated on a one-acre parcel with ample paved parking. A double-sided monument sign provides additional exposure.
Sauner Square is located on Harry Sauner Road near the signalized intersection with State Route 73, an east-west state highway in the southern portion of Ohio. Traffic counts in front of the property exceed 8,976 vehicles per day on Harry Sauner Road and 9,542 vehicles per day on State Route 73. The center is shadow-anchored by Walmart Supercenter and Lowe's Home Improvement. Other nearby national and regional retailers include Kroger, Advance Auto Parts, Pizza Hut, Little Caesars Pizza, Tractor Supply Co., McDonald's, Family Dollar, Factory Connection, Sherwin-Williams, Save A Lot, Dollar Tree, and many more.

Property Details

Class
B
Year Built
2004
Stories
1
Property Subtype
Storefront Retail/Office
Lot Size (sq. ft)
43,560 SF

Highlights

  • Shadow-Anchored by Walmart Supercenter and Lowe's Home Improvement
  • Strong Tenant Base Comprised Largely of National and Regional Retailers | 68% of the Gross Leasable Area is Leased to National Tenants
  • 100% Occupied | All Current Leases are Triple-Net

All available spaces

Space
1st Floor, Ste 720
Size
3,185 SF
Condition
Full Build-Out
Space Subtype
Relet

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