Marcus & Millichap closed the sale of The Shoppes at Stonecreek, a 44,874-square-foot retail property in Pickerington, Ohio. The asset sold for $8.9 million.
Scott Wiles, Craig Fuller, Erin E. Patton and Zach Turner, investment specialists in Marcus & Millichap’s Columbus and Cleveland offices, exclusively represented the seller and buyer.
The Shoppes at Stonecreek is located at 1500 Stonecreek Drive S in Pickerington. The subject property was built in 2008 and is currently 100% occupied by prominent tenants such as LifeTime Fitness, Roosters, Petland and Vitality Bowls.
As one of the better known centers in the region, Stonecreek caters to the affluent and growing Pickerington/Reynoldsburg submarket. The subject property is situated on Hill Road, which is one of the areas main thoroughfares, and 15-miles from the new Intel factory.
