Springfield Small Shops — Sale in Springfield, OH

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Retail Business
  • Location: Springfield, OH 45504
  • Year built: 2007

Photos

Springfield Small Shops — Sale in Springfield, OH, photo 1 of 2
Springfield Small Shops — Sale in Springfield, OH, photo 2 of 2

Investment Figures

Cap rate
7.00%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Positioned Within Springfield’s Dominant Power Retail Trade Area | Surrounded by Walmart, Lowe’s, Meijer, Kohl’s, Best Buy, PetSmart, Hobby Lobby, Academy Sports + Outdoors, Marshalls and Five Below. Strong One-Mile Average Household Income of $92K (Source: Costar). Strategic Dayton–Columbus Corridor Location | Approximately 25 Miles Northeast of Dayton and 45 Miles West of Columbus | Direct Regional Connectivity via I-70 and U.S. Route 68. Investment Highlights: • Positioned Within Springfield's Dominant Power Retail Trade Area | Surrounded by Walmart, Lowe's, Meijer, Kohl's, Best Buy, PetSmart, Hobby Lobby, Academy Sports + Outdoors, Marshalls and Five Below • Proven Rent Roll with In-Place Rents Averaging ~$25 per Square-Foot and Embedded Growth via Lease Escalations • Strategic Dayton–Columbus Corridor Location | Approximately 25 Miles Northeast of Dayton and 45 Miles West of Columbus | Direct Regional Connectivity via I-70 and U.S. Route 68 • 17 Miles from Wright-Patterson Air Force Base | Ohio's Largest Single-Site Employer with Over 38,000 Employees | Approximately $6.5 Billion Annual Economic Impact per Year (Source: Wright-Patterson Air Force Base) • Over $900 Million in Consumer Spending Within Five-Mile Radius (Source: Costar) • Diverse Tenant Mix | Focused on Internet- Resistant Uses (Medical, Personal Care, Service Retail) • Proximity to Wittenberg University | Approximately 1.8 Miles / 6 Minutes Away | ~1,300 Undergraduate Students | Over 600 Local Employees | $70 Million Estimated Local Economic Impact (Source: Wittenberg University)

Market Context

This retail in Springfield, OH is listed for sale. It is offered at an approximate 7.0% capitalization rate, a key benchmark for income-producing retail assets. The building dates to 2007. Compare it against other retail listings for sale in Springfield, OH — view the full market.

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