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Anchored Retail Shopping Center
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Pending

1048-1052 Williams Reserve Boulevard, Wadsworth, OH 44281

Lowe’s, Target, and Kohl’s-anchored retail center with multiple tenants including Planet Fitness, Petco, and Antonio’s Pizza.

Property Size32,238 SF
Days on Market114

Property Features for 1048-1052 Williams Reserve Boulevard

General Information

Standard status Pending
Size 32,238 SF
Property subtype Retail

Site & Location

Highway Access Yes
Road Access Yes

Building Details

Tenancy Multi
Listing Agency: Marcus & Millichap - Columbus
Listed By: Craig Fuller · License #OH 2008001551
Source: Crexi
Added: Apr 10 Changed: Jul 23 Last Checked: Jul 31 at 2:50PM

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 Marcus & Millichap - Columbus

Investment Insights

Based on property information with market context.

Planet Fitness Shopping Center is a retail shopping center totaling 32,238 square feet and anchored by Lowe’s, Target, and Kohl’s. The center is occupied by Planet Fitness, Petco, and Antonio’s Pizza. The Lowe’s, Target, and Kohl’s parcels are corporately owned by the retailers themselves. Petco is an original tenant, leased through January 2023, and Planet Fitness is a new tenant replacing MC Sports. Planet Fitness and Antonio’s Pizza executed new ten-year leases in December 2017 and October 2015, respectively, providing substantial remaining lease term at the time of offering.

The property is located in Wadsworth, Ohio at Wadsworth Crossings, positioned at the interchange of Interstate 76 and Ohio State Route 261 (Akron Road). Reported traffic in the immediate vicinity includes 48,616 cars per day on Interstate 76 and 12,172 cars per day on Route 261.

Additional tenants in the immediate proximity include Giant Eagle, GetGo, and KeyBank.

Key Highlights

  • 32,238 SF retail shopping center anchored by Lowe’s, Target, and Kohl’s
  • Tenant lineup includes Planet Fitness, Petco, and Antonio’s Pizza
  • Petco lease runs through January 2023 (original tenant)

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Restaurant Big Box & Wholesale Store Kitchen & Bath Showroom Garden Center Furniture & Home Goods

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

Multi-tenant
Tenancy
Yes
Highway access
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

111
Businesses Nearby
253k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Shops & Services 40% Superstores 29% Apparel 17% Home Improvements & Furnishings 10%
Target Superstores
72,526 visits/mo 0.1 miles
Kohl's Apparel
43,644 visits/mo 0.2 miles
Five Below Shops & Services
27,060 visits/mo 0.1 miles
Lowe's Home Improvements & Furnishings
24,491 visits/mo 0.3 miles
Speedway Shops & Services
21,777 visits/mo 0.4 miles

Demographics for 44281, OH

33,241
Population
14,298
Households
2.3
Avg Household Size
41
Median Age
42%
College-Educated
96%
High-School Grad
47.8 sq mi
ZIP Area
695
Density / Sq Mi
$88,128
Median Household Income
$46,653
Median Earnings
$1,031
Median Rent
$262,200
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
Rey
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Similar Off Market Nearby

  • Coinstar Kiosk | Bitcoin ATM — Giant Eagle, 825 Ambassador Dr, Wadsworth, OH 44281
  • Wadsworth Crossings — 1183 Williams Reserve Blvd, Wadsworth, OH 44281

Frequently Asked Questions

What type of property is this?
Shopping center - Lowe’s, Target, and Kohl’s-anchored retail center with multiple tenants including Planet Fitness, Petco, and Antonio’s Pizza.
Where is this shopping center located?
The property is located at 1048-1052 Williams Reserve Boulevard Wadsworth, OH.
What are key features of this property?
This property features: 32,238 SF retail shopping center anchored by Lowe’s, Target, and Kohl’s; Tenant lineup includes Planet Fitness, Petco, and Antonio’s Pizza; Petco lease runs through January 2023 (original tenant)
(216) 264-2000 Call to check price and availability
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