Overview

Description

Springfield Commons is a Lowe’s anchored shopping center that is over 95% occupied, and is leased entirely to national retailers. The subject property is located adjacent to U.S. Route 68, a major north-south freeway that runs through the state of Ohio.

Highlights

• Springfield Commons is currently leased to Lowe’s, Best Buy, Planet Fitness, PetSmart, and Mattress Firm
• All five of the tenants have been at this location for more than 10 years; Lowe’s has occupied its space since 1995
• According to Placer.ai, the Springfield Commons Lowe’s ranks in the 95th percentile in terms of annual store visits within the chain, nationwide. Additionally Lowe’s is paying a low in-place rent of $6.30/SF
• N Bechtle Avenue features prominent national retailers, including Walmart, The Home Depot, Meijer, and Kroger; all of which are within close proximity to the subject property
• Springfield Commons is well-positioned along N Bechtle, and is one of the first centers that drivers will see when exiting U.S. Hwy 68/Troy Road
• Springfield is approximately 26 miles from Dayton, and 52 miles from Columbus, Ohio’s capital

Documents

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