Strip
New
For Sale
$4,310,000
1681 N Bechtle Ave, Springfield, OH 45504
The retail property dates to 2007 and sits within Springfield’s power retail trade area.
Property Size11,735 SF
Price / SF$367.28
Days on Market7
Property Features for 1681 N Bechtle Ave
General Information
Standard status
Active
Size
11,735 SF
Property subtype
Shopping Strip
Additional Details
Highway Access
Yes
Amenities
Positioned Within Springfield's Dominant Power Retail Trade Area | Surrounded by Walmart, Lowe's, Meijer, Kohl's, Best Buy, PetSmart, Hobby Lobby, Academy Sports + Outdoors, Marshalls and Five Below
Proven Rent Roll with In-Place Rents Averaging ~$25 per Square-Foot and Embedded Growth via Lease Escalations
Strategic Dayton–Columbus Corridor Location | Approximately 25 Miles Northeast of Dayton and 45 Miles West of Columbus | Direct Regional Connectivity via I-70 and U.S. Route 68
17 Miles from Wright-Patterson Air Force Base | Ohio's Largest Single-Site Employer with Over 38,000 Employees | Approximately $6.5 Billion Annual Economic Impact per Year (Source: Wright-Patterson Air Force Base)
Over $900 Million in Consumer Spending Within Five-Mile Radius (Source: Costar)
Diverse Tenant Mix | Focused on Internet- Resistant Uses (Medical, Personal Care, Service Retail)
Proximity to Wittenberg University | Approximately 1.8 Miles / 6 Minutes Away | ~1,300 Undergraduate Students | Over 600 Local Employees | $70 Million Estimated Local Economic Impact (Source: Wittenberg University)
Building Details
Building Size
11,735 SF
Year Built
2007
Listing Agency:
Marcus & Millichap | Cleveland
Listed By:
Craig Fuller · License #License(s): OH: SAL.2008001551
(216) 264-2043
Source:
Marcusmillichap
Added: Oct 9
Changed: Oct 10
Last Checked: Oct 14 at 7:37PM
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 | Cleveland
Investment Insights
Based on property information with market context.
This Springfield strip mall was built in 2007. The property is located within a retail trade area that includes Walmart, Lowe’s, Meijer, Kohl’s, Best Buy, PetSmart, Hobby Lobby, Academy Sports + Outdoors, Marshalls and Five Below.
The site is approximately 25 miles northeast of Dayton and 45 miles west of Columbus, with regional connectivity via I-70 and U.S. Route 68.
The site is approximately 25 miles northeast of Dayton and 45 miles west of Columbus, with regional connectivity via I-70 and U.S. Route 68.
Key Highlights
- Built in 2007
- Located within a trade area that includes Walmart, Lowe’s, Meijer, Kohl’s, Best Buy, PetSmart and other national retailers
- Approximately 25 miles northeast of Dayton and 45 miles west of Columbus
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
463
Businesses Nearby
457k
Monthly Visits Nearby
Explore this area
Business Placement
Foot Traffic Nearby
Apparel 32%
Dining 29%
Groceries 17%
Shops & Services 10%
Meijer
Groceries
77,441 visits/mo
0.3 miles
Kohl's
Apparel
48,450 visits/mo
0.1 miles
Marshalls
Apparel
42,096 visits/mo
0.1 miles
Raising Cane's Chicken Fingers
Dining
37,138 visits/mo
0.4 miles
Academy Sports + Outdoors
Apparel
35,221 visits/mo
0.2 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
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Market
Vacancy Rate% for Retail in Midwest region
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Frequently Asked Questions
What type of property is this?
Strip mall - The retail property dates to 2007 and sits within Springfield’s power retail trade area.
Where is this strip mall located?
The property is located at 1681 N Bechtle Ave Springfield, OH.
What is the asking price?
The asking price for this property is $4,310,000.
What are key features of this property?
This property features: Built in 2007; Located within a trade area that includes Walmart, Lowe’s, Meijer, Kohl’s, Best Buy, PetSmart and other national retailers; Approximately 25 miles northeast of Dayton and 45 miles west of Columbus
