The Commons at Clark Hall

Investment Overview

The Commons of Clark Hall is a two building, multi-tenant retail center located along Hamilton Road, within the main retail corridor in Gahanna, Ohio. The center is currently 100% occupied, including national co-tenants Panera Bread, Chipotle, Pacific Dental & Rusty Bucket Tavern. Additional retailers include Pulp Juice, Gahanna Vision Center and Dae Han Chicken. The property sits on a Ground Lease, owned by the local school district, which significantly reduces the property taxes for any new Buyer. There are 79 years remaining on the Ground Lease, which expires March 3rd, 2097.

Investment Highlights

• 100% leased & occupied
• Signalized entrance into the neighborhood center
• Adjacent to Gahanna Lincoln high school, with a student enrollment around 2,500
• Well maintained center with local property management in place
• Hamilton Road | 25,800 + VPD
• Cash-on-cash Return | 8.12%