Single-Tenant Retail
For Sale
Contact for pricing
Pending
1390 Upper Valley Pike, Springfield, OH 45504
Fee-simple retail property occupied by Bargain Hunt with four years remaining on the base lease term.
Property SizeContact for details
Days on Market143
Property Features for 1390 Upper Valley Pike
General Information
Standard status
Pending
Property subtype
Retail
Listing Agency:
Goodman Real Estate Services Group LLC
(216) 381-8200
Listed By:
Kyle Hartung · License #OH SAL.2003016343
Source:
Crexi
Added: Apr 10
Changed: Aug 30
Last Checked: Aug 30 at 4:17AM
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 Goodman Real Estate Services Group LLC
Investment Insights
Based on property information with market context.
The offering comprises a 49,930-square-foot retail building operated by Bargain Hunt. The transaction conveys the fee-simple interest, and the existing lease has 4 years remaining on its base term. The property produces an 11% cap rate based on the stated lease and operating information.
Located at 1390 Upper Valley Pike in Springfield, Ohio, the building occupies the intersection of Troy Road and Upper Valley Pike, where the source reports traffic exceeding 25,000 vehicles per day. It is immediately adjacent to Rural King’s 98,000 SF regional retail store and shares its shopping center with Dunham’s Sports, Ollie’s Bargain Outlet, Sherwin Williams, Cosmo Prof, WesBanco, and other retailers. Additional surrounding retailers include Walmart, Lowe’s, Home Depot, Best Buy, Kohl’s, Marshall’s, Dick’s, Hobby Lobby, Meijer, and Aldi.
Located at 1390 Upper Valley Pike in Springfield, Ohio, the building occupies the intersection of Troy Road and Upper Valley Pike, where the source reports traffic exceeding 25,000 vehicles per day. It is immediately adjacent to Rural King’s 98,000 SF regional retail store and shares its shopping center with Dunham’s Sports, Ollie’s Bargain Outlet, Sherwin Williams, Cosmo Prof, WesBanco, and other retailers. Additional surrounding retailers include Walmart, Lowe’s, Home Depot, Best Buy, Kohl’s, Marshall’s, Dick’s, Hobby Lobby, Meijer, and Aldi.
Key Highlights
- 49,930‑square‑foot retail building offered with the fee‑simple interest
- Bargain Hunt occupancy with 4 years remaining on the base lease term
- 11% cap rate
Property Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
283
Businesses Nearby
161k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Shops & Services 40%
Dining 29%
Home Improvements & Furnishings 24%
Apparel 5%
Rural King
Home Improvements & Furnishings
37,198 visits/mo
0.2 miles
Speedway
Shops & Services
25,714 visits/mo
0.3 miles
McDonald's
Dining
20,524 visits/mo
0.2 miles
Ollie's Bargain Outlet
Shops & Services
17,415 visits/mo
0.2 miles
Taco Bell
Dining
10,978 visits/mo
0.3 miles
Demographics for 45504, OH
17,343
Population
7,100
Households
2.4
Avg Household Size
41
Median Age
27%
College-Educated
92%
High-School Grad
22.0 sq mi
ZIP Area
788
Density / Sq Mi
$67,334
Median Household Income
$38,813
Median Earnings
$889
Median Rent
$167,700
Median Home Value
Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Retail space - Fee-simple retail property occupied by Bargain Hunt with four years remaining on the base lease term.
Where is this retail space located?
The property is located at 1390 Upper Valley Pike Springfield, OH.
What are key features of this property?
This property features: 49,930‑square‑foot retail building offered with the fee‑simple interest; Bargain Hunt occupancy with 4 years remaining on the base lease term; 11% cap rate
