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Walmart-Shadow Shopping Center
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1521 Walmart Dr, Lebanon, OH 45036

Retail center along Highway 42 with nearby national retailers and complementary medical and service businesses.

Property Size17,674 SF
Days on Market141

Property Features for 1521 Walmart Dr

General Information

Standard status Active
Size 17,674 SF
Property subtype Retail

Additional Details

Highway Access Yes

Building Details

Tenancy Multi
Listing Agency: Northmarq - St Gregory
Listed By: Patrick Metz · License #OH SAL.2007001635
Source: Crexi
Added: Apr 12 Changed: Aug 30 Last Checked: Aug 30 at 12:17PM

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 Northmarq - St Gregory

Investment Insights

Based on property information with market context.

Lebanon Shopping Center is a 17,674-square-foot retail property at 1521 Walmart Drive in Lebanon, Ohio. The center operates within a retail corridor anchored by a Walmart Supercenter, with space supporting medical and service-oriented businesses.

Highway 42 provides direct corridor access, and traffic near the property exceeds 18,000 vehicles per day. Interstate 71 borders Lebanon to the south, while Interstate 75 is approximately seven miles west. The city sits between the Cincinnati and Dayton metropolitan areas, placing the center within reach of both markets.

Key Highlights

  • 17,674‑square‑foot shopping center at 1521 Walmart Drive
  • Walmart‑shadow location on the Highway 42 retail corridor
  • Nearby Walmart Supercenter, Kroger, Aldi, Walgreens, and other retailers

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Parking Lot & Garage Electrical Service Building Supply (Bike/Boat/Book/etc) Store Locksmith Pharmacy

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

Location Intelligence

Trade Area within ½ mile

195
Businesses Nearby
Well-served
Demand for This Use

Demographics for 45036, OH

41,060
Population
15,036
Households
2.7
Avg Household Size
39
Median Age
32%
College-Educated
92%
High-School Grad
81.2 sq mi
ZIP Area
506
Density / Sq Mi
$97,944
Median Household Income
$51,565
Median Earnings
$1,090
Median Rent
$317,600
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
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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center along Highway 42 with nearby national retailers and complementary medical and service businesses.
Where is this shopping center located?
The property is located at 1521 Walmart Dr Lebanon, OH.
What are key features of this property?
This property features: 17,674‑square‑foot shopping center at 1521 Walmart Drive; Walmart‑shadow location on the Highway 42 retail corridor; Nearby Walmart Supercenter, Kroger, Aldi, Walgreens, and other retailers
(513) 769-1700 Call to check price and availability
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