1501 N Bechtle Ave Springfield, OH
Retail strip center with value-add opportunity in Springfield, Ohio.
Type:RETAIL
Property size:
42,061 SFLot size:
5.25 Acres- Added:
- Sep 24, 2025
- Days on Market:
- 190
- Last Refresh:
- Mar 29 at 8:13 pm
Property Features for 1501 N Bechtle Ave
General Information
- Standard status
- Active
- Size
- 42,061 SF
- Lot size
- 5.25 Acres
- Property subtype
- RETAIL
Spaces For Lease
at 1501 N Bechtle Ave Contact us
Listing agent Zachary Schunn License #01002010 (513) 939-4884
Listing office Edge Real Estate Group, LLC (513) 939-4884
Listing date Sep 24, 2025
Source Moodyscre
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 Edge Real Estate Group, LLC
Overview
Springfield Commons Outparcel Retail Opportunity
Springfield Commons Outparcel is a 3-unit strip center currently occupied by Planet Fitness and Mattress Firm. An investor has an immediate add-value opportunity through the lease-up of the 9,780 square foot vacant end cap, which makes up 23.25% of the total gross leasable area. Once stabilized, an investor will benefit from a sizable boost to the net operating income and cap rate expansion. Planet Fitness and Mattress Firm have operated at the property for over 10 years. Planet Fitness is leased to an experienced operator with locations in various states, and Mattress Firm is a corporate location. The property is well-positioned off of a signalized intersection and features prominent pylon signage. N Bechtle Avenue features prominent national retailers, including Walmart, The Home Depot, Meijer, and Kroger, all of which are within close proximity to the property.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
Mattress Firm Clearance ...
Furniture & Home Goods
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.8363
- Latitude
- 39.943
Nearby Similar for Lease
FAQs
What type of property is this?
Strip mall - Retail strip center with value-add opportunity in Springfield, Ohio.
Where is this strip mall located?
The property is located at 1501 N Bechtle Ave Springfield, OH.
What are key features of this property?
This property features: Immediate add‑value opportunity through lease‑up of 9,780 SF vacant end cap (23.25% of GLA).; Offered at an extremely low price per square foot ($47.86).; Planet Fitness and Mattress Firm have operated at the location for 10+ years.
