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OhioRetail

Marcus & Millichap closes sale of 4,700-square-foot retail center in Ohio

Staff Writer April 4, 2017
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Marcus & Millichap recently closed the sale of George’s Corner IV a 4,749-square-foot retail property in Hilliard, Ohio. The asset sold for $2.11 million.

Senior associate John Reehil and associate Arthur Kaplan, investment specialists in Marcus & Millichap’s Columbus office, had the exclusive listing to market the property on behalf of the seller, a limited liability company.

George’s Corner IV is located at 1840 Hilliard Rome Road in Hilliard. This two-tenant center is home to Visionworks and Tom + Chee, a fast-growing restaurant concept based in Cincinnati.

The center is a renovated former restaurant located on an outparcel to a Target center. Both tenants are encumbered by 10-year triple-net leases. The buyer is a Memphis-based limited liability company.

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