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Retail Center in Growing Carlisle
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500 Central Ave, Carlisle, OH 45005

Retail center anchored by Dollar General and Goodwill.

Space Size1,000 SF
Property Size44,700 SF
Lot Size1.90 Acres
Days on Market804

Property Features for 500 Central Ave

General Information

Standard status Active
Size 1,000 SF
Lot size 1.90 Acres
Property subtype Retail, Restaurant
Lease Type NNN

Building Details

Building Size 44,700 SF
Year Built 1995
Tenancy Multiple

Spaces For Lease

at 500 Central Ave Contact us

Suite #514

Size
1,000 SF
Type
Restaurant, Retail
Lease Type
NNN
Availability
Active
Contact us
Listing Agency: Spigel Properties
Listed By: Lindsey Nussle · License #FLBO
Source: Crexi
Added: Jun 20, 2024 Changed: Aug 16 Last Checked: Aug 31 at 10:03PM

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 Spigel Properties

Investment Insights

Based on property information with market context.

This retail center, anchored by Dollar General and Goodwill, is situated in the growing city of Carlisle. The Dollar General location is ranked in the top 2% nationally and in Ohio. The property is located just over three miles west of I-75, with nearly 75,000 residents and 72,000 employees within a five-mile radius. It is located directly across from Carlisle Business Park, which features a newly constructed EMS and Fire Station. An additional +/- 1.9-acre outlot is available for ground lease.

Key Highlights

  • Anchored by Dollar General, a top‑performing store both nationally and within Ohio.
  • Prime location in the growing city of Carlisle.
  • Located just over three miles West of I‑75.

Property Analytics

Current Use

Shopping centers

Suggested Use

Top Pick Building Supply Restaurant Real Estate Agency Dental Office Law Firm Auto Parts Store

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

NNN (Triple Net)
Lease Type
$1.80 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

179
Businesses Nearby
17k
Monthly Visits Nearby
Balanced
Demand for This Use

Foot Traffic Nearby

Shops & Services 53% Apparel 34% Dining 13%
Dollar General Shops & Services
8,994 visits/mo 0.2 miles
Goodwill Apparel
5,737 visits/mo 0.2 miles
Cassano's Dining
1,140 visits/mo 0.2 miles
SUBWAY Dining
1,091 visits/mo 0.3 miles

Demographics for 45005, OH

31,577
Population
13,458
Households
2.3
Avg Household Size
42
Median Age
18%
College-Educated
90%
High-School Grad
36.6 sq mi
ZIP Area
863
Density / Sq Mi
$74,239
Median Household Income
$44,082
Median Earnings
$1,005
Median Rent
$201,200
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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Frequently Asked Questions

What type of property is this?
Shopping center - Retail center anchored by Dollar General and Goodwill.
Where is this shopping center located?
The property is located at 500 Central Ave Carlisle, OH.
What is the lease rate?
The lease rate is $12 SF/Yr.
What are key features of this property?
This property features: Anchored by Dollar General, a top‑performing store both nationally and within Ohio.; Prime location in the growing city of Carlisle.; Located just over three miles West of I‑75.
More about this property
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