Asking Price: $2,415,447
Building Size: 17,040 SQ FT
Lot Size: 88862
Cost per Square Foot: $141.75
The Gilbert Group is pleased to present a fantastic opportunity to own 100% fee simple interest in the East Side Square, a multi-tenant retail center located in Springfield, Ohio. The subject property is a 17,040 square foot Walmart shadow anchored shopping center located along US Route 40 on the east side of Springfield. The subject property is home to such national tenants as The Shoe Dept., Pet Valu, Sprint, Great Clips and GameStop. The shopping center offers upside by way of leasing the final vacancy and increasing occupancy. This is a wonderful opportunity to acquire a Walmart shadow anchored center in a strong secondary market just outside of Columbus, Ohio.
Key Points: Strong mix of national co-tenants 13.76% Cash-on-Cash return Upside opportunity with lease up potential Easily accessible to I-70 Located 45 minutes from Columbus, Ohio