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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.

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
$5,078,022 CAD
Price Per SF
$196.41 CAD
Cap Rate
7.25%
NOI
$368,351 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

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

Dollar Tree began in 1986 as Only $1.00, building on a Norfolk variety-store heritage that later helped shape the business. The company focuses on discount variety retail, selling consumable, seasonal, and general merchandise such as housewares, food, health and beauty products, toys, party supplies, stationery, and crafts. After the Family Dollar sale, Dollar Tree operates as a focused North American value retailer with a large store network, a national logistics system, and an expanding multi-price assortment and online ordering options.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

Planet Fitness began in 1992 in Dover, New Hampshire, and grew from a small local gym into a fitness-club brand built around low-cost memberships and a broad appeal to casual exercisers. The company's business centers on franchising fitness clubs, operating a smaller number of corporate-owned locations, and supporting club development with equipment placement and related services. Today, Planet Fitness maintains a broad network of clubs across the United States and in several international markets, and the company has experienced continued growth in memberships, club openings, and system-wide sales.

  • Rental and Leasing Services
  • -
  • -
  • -

Rent-A-Center began in 1973 as a rent-to-own business focused on furniture and household goods, later building a broader retail model around flexible payment agreements. The company offers furniture, appliances, electronics, computers, tools, and related home essentials through online and store-based shopping, with services that include delivery, setup, and product service and repair in its payment agreements. Rent-A-Center maintains a wide presence across the United States and Mexico and remains centered on branded household goods for shoppers seeking alternatives to traditional credit-based buying.

Tenant Industry SF Occupied Rent/SF Lease End
Retailer - - -
Arts, Entertainment, and Recreation - - -
Rental and Leasing Services - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Kroger
Peoples Bancorp, Inc.
PNC Bank
Nathan's Famous
Fifth Third Bank
Roosters
Bob Evans Restaurants
Starbucks
First Financial bank
Buffalo Wild Wings

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 290-16-05-02-0001-00
  • 290-16-05-02-0002-00
Land Assessment
$284,847 CAD
Improvements Assessment
$1,107,728 CAD
Total Assessment
$1,392,575 CAD
  • Listing ID: 41128566

  • Date on Market: 2026-07-01

  • Last Updated:

  • Address: 1215 Rombach Ave, Wilmington, OH 45177

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