Two-Tenant Retail - 6,790 SF - 100% Occupied 1810 S Limestone St 6,321 SF 100% Leased Retail Building Springfield, OH 45505 $963,284 CAD ($152.39 CAD/SF) 8.54% Cap Rate

Coldwell Banker Commercial | Heritage is pleased to present 1810 South Limestone Street, a 100%-occupied, two-tenant retail building totaling 6,790 square feet on 1.538 acres in Springfield, Ohio. The property is anchored by Rent-A-Center, a national retailer that has operated at this location since 1999 and recently executed a fresh 61-month lease extension running through May 2031, together with two additional five-year renewal options that extend potential occupancy to 2041. The balance of the building is leased to Tikenamm Grocery Store, a neighborhood grocery and international market secured through April 2030 with scheduled rent increases.
Both tenants operate under leases in which they carry their own utilities, interior maintenance, and HVAC. Tenants reimburse water and sewer, and Rent-A-Center contributes toward real estate taxes — creating a streamlined, low-management ownership profile ideally suited to a passive, out-of-state, or 1031-exchange investor. In-place base rent totals $67,607 annually, with contractual growth built in through Tikenamm’s step-ups and Rent-A-Center’s option increases.
Positioned on high-visibility South Limestone Street with frontage on Clifton Avenue, the property sits within an established retail corridor in Clark County’s primary trade area, along the I-70 corridor between Dayton and Columbus. [Insert traffic count and 1-/3-/5-mile demographics from CoStar.] With a proven long-term anchor freshly recommitted to the location and a fully leased rent roll from day one, 1810 South Limestone offers dependable, low-touch cash flow in a growing Southwest Ohio market.