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Discount Drug Mart-Anchored Shopping Center

1155-1195 E Wyandot Ave, Upper Sandusky, OH 43351

For Sale
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A pharmacy and grocery operator anchors this multi-tenant center, which also includes vacant suites and a separately parceled outparcel.

Property Size37,280 SF
Price / SF$79.80
Days on Market34

Property Features for 1155-1195 E Wyandot Ave

General Information

Standard status Active
Size 37,280 SF
Property subtype Retail
Occupancy 89%
Net Operating Income $251,400

Additional Details

Cap Rate 8.45%
Anchor Co-Tenants Discount Drug Mart
Tenant in Place Yes

Building Details

Year Built 1993
Tenancy Multi
Listing Agency: Colliers - Columbus, Ohio
Listed By: Grant Chaney · License OH #2013002810
Source: Crexi
Added: Oct 7 Changed: Nov 9 Last Checked: Nov 8 at 5:45PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Colliers - Columbus, Ohio

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Investment Insights

Based on property information with market context.

The 37,280-square-foot retail center was built in 1993 on 7.92 acres. Discount Drug Mart occupies 22,620 square feet, or 60.68% of the center’s gross leasable area, under an NNN lease through December 2030 with five 5-year options. Overall occupancy is 88.8%. Three vacant suites total 4,160 square feet, equal to 11.2% of the gross leasable area. Great Clips has a new 5-year NNN lease at the center.

A separately parceled 0.83-acre outparcel has approximately 115 feet of frontage on E. Wyandot Avenue. The property is located at 1155-1195 E Wyandot Ave in Upper Sandusky, Ohio.

Key Highlights

  • 37,280‑square‑foot retail center on 7.92 acres, built in 1993
  • Discount Drug Mart occupies 22,620 SF, or 60.68% of GLA, under an NNN lease through December 2030
  • Five 5‑year options extend the Discount Drug Mart lease

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Real Estate Agency Building Supply Dental Office Big Box & Wholesale Store Parking Lot & Garage Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

88.8%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

71
Businesses Nearby
16k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 93% Electronics 7%
Dollar Tree Shops & Services
7,057 visits/mo 0.2 miles
Dollar General Shops & Services
4,266 visits/mo 0.1 miles
O'Reilly Auto Parts Shops & Services
2,281 visits/mo 0.0 miles
Verizon Electronics
1,062 visits/mo 0.1 miles
AutoZone Shops & Services
1,012 visits/mo 0.1 miles

Demographics for 43351, OH

10,144
Population
4,749
Households
2.1
Avg Household Size
44
Median Age
26%
College-Educated
95%
High-School Grad
154.0 sq mi
ZIP Area
66
Density / Sq Mi
$71,748
Median Household Income
$44,918
Median Earnings
$765
Median Rent
$166,700
Median Home Value

Market

Vacancy Rate% for Retail in Midwest region

8% 2020
7.3% 2021
6.5% 2022
6% 2023
5.7% 2024
6.3% 2025

Frequently Asked Questions

What type of property is this?
Shopping center - A pharmacy and grocery operator anchors this multi-tenant center, which also includes vacant suites and a separately parceled outparcel.
Where is this shopping center located?
The property is located at 1155-1195 E Wyandot Ave Upper Sandusky, OH.
What is the asking price?
The asking price for this property is $2,975,000.
What are key features of this property?
This property features: 37,280‑square‑foot retail center on 7.92 acres, built in 1993; Discount Drug Mart occupies 22,620 SF, or 60.68% of GLA, under an NNN lease through December 2030; Five 5‑year options extend the Discount Drug Mart lease
(614) 800-9707 Call to check price and availability
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