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1215 Rombach Ave
Wilmington, OH 45177
Shoppes of Wilmington · Retail Property For Sale
Investment Highlights
- Future Pad Site Available at the Front of the Property
- Long-term Commitment from All Three Tenants
- Significant Recent Capital Investment
- 100% Leased to Three National and Regional Operators:
- Built-in Rental Growth
- Outparcel to Lowe’s on the Dominant Retail Corridor
Executive Summary
Prime retail investment opportunity!
Colliers presents Shoppes of Wilmington, a 28,991 SF retail center in Wilmington, OH, fully leased to Planet Fitness, Dollar Tree, and Rent-A-Center. Positioned at the signalized entrance to the area's primary retail corridor and adjacent to Lowe’s, the property offers strong visibility and occupancy.
Colliers presents Shoppes of Wilmington, a 28,991 SF retail center in Wilmington, OH, fully leased to Planet Fitness, Dollar Tree, and Rent-A-Center. Positioned at the signalized entrance to the area's primary retail corridor and adjacent to Lowe’s, the property offers strong visibility and occupancy.
Property Facts
Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,854 SF
Building Class
B
Year Built/Renovated
1998/2019
Price
$5,238,796 CAD
Price Per SF
$202.63 CAD
Cap Rate
7.25%
NOI
$380,013 CAD
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
3.43 AC
Parking
167 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
264’ on Rombach Ave
Property Taxes
| Parcel Numbers | Improvements Assessment | $1,122,935 CAD | |
| Land Assessment | $288,757 CAD | Total Assessment | $1,411,693 CAD |
Property Taxes
Parcel Numbers
Land Assessment
$288,757 CAD
Improvements Assessment
$1,122,935 CAD
Total Assessment
$1,411,693 CAD
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