Woodland Mall | Lease-Up, Reposition, or Redevelop Opportunity

Highlights:

• ±326,000 SF Mall on a ±40-Acre Site: Single-story regional mall built in 1989 and renovated in 2010, offering ±1,670 parking spaces.
• 80% Occupied Under Short-Term Leases: Longstanding regional and local tenants pay rent under leases with near-term rollover potential.
• ±124,500 SF Available for Lease-Up Now: Vacancy includes the former ±40,000 SF Elder-Beerman department store, ready for reuse.
• ±66,000 SF Baseball Facility, Month-to-Month: The indoor training facility leases month-to-month, offering near-term repositioning flexibility.
• 5 Min From BGSU, ±25,000 Students Served: Bowling Green State University drives steady retail demand near the property's trade area.
• Wood County Retail Sales Topped $529M: Wood County, the property's home market, recorded more than $529 million in retail sales in 2022.

Description:

View details and diligence materials on RI Marketplace:
https://rimarketplace.com/auction/3408/retail/bowling-green/oh?utm_source=brevitas&utm_medium=paid_listing&utm_campaign=october21_2026&utm_content=retail_3408

Brokered by Friedman Real Estate and powered by RealINSIGHT Marketplace, 1234 N Main Street, Bowling Green, OH is a ±326,000 SF enclosed regional mall on ±40 acres, of which ±276,000 SF is existing rentable area, offering a significant value-add opportunity through lease-up, repositioning, or redevelopment. Built in 1989 and renovated in 2010, the single-story property is ±80% occupied by a mix of longstanding regional and local tenants — including Dunham's Sports and an on-site indoor baseball training facility spanning ±66,000 SF on a month-to-month lease — primarily under short-term leases that create near-term repricing potential. Additional space is available for lease, including the former ±40,000 SF Elder-Beerman department store, presenting a backfill or redevelopment target for a new user or user mix. The property includes ±1,670 parking spaces and 100% wet-pipe sprinkler coverage. Located five minutes from Bowling Green State University, which serves approximately 25,000 students and staff, the mall sits within Wood County, where retail sales topped $529 million in 2022. Bowling Green benefits from its position along Interstate 75, connecting the trade area to Toledo and the broader Midwest, supporting a diversified local economy anchored by education, healthcare, manufacturing, and logistics.

Location
Woodland Mall sits at 1234 N Main Street in Bowling Green, Ohio, along North Main Street near E. Newton Road, five minutes from Bowling Green State University's ±25,000 students and staff. The site sits among established national and regional retailers, including Kroger, Walgreens, and Dollar Tree, within a Wood County trade area where retail sales exceeded $529 million in 2022.


Bidding Opens
Oct 20 12:00 AM
Bidding Closes
Oct 22 12:00 AM

Documents: