OfficeMax
Market Price
1541 River Valley Circle North, Lancaster, OH 43130
For Sale
Retail
Free Standing
Active
Last Updated: 03/12/2025
246,582
NOI
23,484 sqft
Building Size
Details:
NOI: $246,582
Building Size: 23,484 sqft
Lot Area: 3.24 acres
Occupancy: 100%
Lease Type: Double Net
Year Built: 1998
Tenancy: Single
Highlights:
- HIGH PROFILE RETAIL CORRIDOR: Subject Property sits in the middle of Lancaster’s main retail corridor surrounded by national retailers such as Lowe’s, Meijer, Target, Dick’s, Walmart, Aldi, Best Buy, Giant Eagle, Hobby Lobby, Kroger, Etc.
- STRONG TENANCY: OfficeMax is a fully owned subsidiary of the ODP Corporation (Nasdaq: ODP), which was formed after OfficeMax’s merger with Office Depot. The Company has combined annual sales of approximately $11B and employees over 38,000 people at 1,400 retail locations.
- LONG STANDING HISTORY AT LOCATION: OfficeMax has been successfully operating at this building since 1998 and has executed numerous lease renewals.
Documents:
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007i_OfficeMax-Lancaster__OH-OM.pdf
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