REIT Sale | Former Tire Choice | 11K VPD | McDonald’s Adjacent

Description:

Ri Marketplace Online Auction August 11-13, 2025
Register to bid on Marketplace:

https://rimarketplace.com/auction/2596/reit-sale-former-tire-choice-11k-vpd-mcdonald-s-adjacent?utm_source=brevitas&utm_medium=listing&utm_campaign=external&utm_content=retail_2596

Marcus & Millichap and RI Marketplace are pleased to present the opportunity to acquire a vacant, free-standing retail building located at 1180 Upper Valley Pike in Springfield, Clark County, Ohio 45504 (the “Property”). Formerly occupied by Tire Choice Auto Service Center, the Property is being offered significantly below replacement cost, presenting an exceptional opportunity for both owner/users and investors to acquire a highly visible and strategically located asset at a substantial discount. FIRST BID MEETS RESERVE!

Built in 1977, the Property comprises a single-story, free-standing retail building totaling ±7,021 square feet situated on a ±1.0653-acre parcel (±46,404 SF). The former auto service center includes seven (7) service bays, 53 surface parking spaces and dual frontage with ±152 feet of frontage along Upper Valley Pike. Upper Valley Pike is one of Springfield’s primary commercial corridors, with daily traffic counts of ±11,080 VPD, and the Property benefits from excellent accessibility via multiple dedicated curb cuts. It is strategically located off the intersection with Troy Road just southwest of the SR-41 and US-68 interchange, which sees an additional ±25,935 vehicles per day. Previously operated under a triple-net (NNN) lease by Monro Muffler Brake, the Property presents a compelling value-add opportunity for new ownership via lease up at current market rates (CoStar estimated retail rents of $12-15/SF NNN). Zoned B-1 (Shopping Center District), the Property allows for a wide variety of retail, commercial, and service-oriented uses. This flexibility, combined with its prominent location and below-replacement pricing, makes the Property an ideal acquisition for investors seeking to drive stabilized income or owner/users seeking a well-located retail asset in a growing Ohio market.

The Property is located in Springfield, Ohio, a regional hub situated between Dayton and Columbus, and serves as the county seat of Clark County. Strategically positioned along Upper Valley Pike—one of the city’s primary commercial thoroughfares—the Property benefits from strong visibility and immediate access to the nearby SR-41/US-68 interchange, located less than half a mile away. The site is surrounded by a dense concentration of national retailers, QSRs, and service providers, including Walmart Supercenter, Kroger, Lowe’s, The Home Depot, TJ Maxx, PetSmart, Chipotle, Starbucks, Raising Cane’s, and Chick-fil-A, as well as several auto parts and repair businesses. Nearby shopping destinations such as Upper Valley Mall and Bechtle Crossing further reinforce the corridor’s strong retail traffic and consumer draw. Regional demand is supported by institutions such as Springfield Regional Medical Center (234-Beds), Wittenberg University (1,200+ students), and the Clark State College (4,750+ students), all within a ±10-min drive. With a population of nearly 75k and an average household income of ±$71,761 within a 5-mi radius, the Property is well-positioned to capture daily-needs demand from both commuters and local residents—making it an attractive opportunity for a wide range of retail and service-oriented end users.


Thomas Seaman
Auctioneer
License: 2007000016

Documents: