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    1590 Bechtle Ave Springfield, OH 45504

    For Lease
    $18 SF/Yr

    Prime Springfield retail space, 10,500 sq ft available.

    Lot size:
    215,113 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    367
    This exceptional retail opportunity is located at 1590 N Bechtle Ave, Springfield, OH 45504, within the vibrant Bechtle Avenue shopping corridor. The property, known as Bechtle Crossing & Springfield Small Shops, offers a total of 215,113 square feet of retail space in a thriving shopping center. Currently, 10,500 square feet of contiguous space is available, divisible into units as small as 4,000 square feet, with a maximum contiguous space of 6,500 square feet. The center boasts a strong tenant mix, including national retailers such as Harbor Freight, Kohl's, Marshalls, Kay Jewelers, Five Below, America's Best, and Sally Beauty. This prime location benefits from its proximity to other major retailers, including Lowe's, Home Depot, Hobby Lobby, PetSmart, and Best Buy, creating a high-traffic, densely populated shopping destination. The property presents a unique chance to establish a presence in a well-established and successful retail center, capitalizing on the significant foot traffic and consumer spending in this desirable area of Springfield, Ohio. The available space is ideal for a variety of retail uses, offering excellent visibility and accessibility. This is a rare opportunity to secure a prominent retail location in a thriving market.

    Property Features for 1590 Bechtle Ave

    General Information

    Property type
    Retail properties
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    215,113 SF
    Total Rate
    322669.5

    Unit(s) available at that property

    Space
    Unit 110
    Size
    6,500 SF
    Rate per SF
    $18
    Space
    Unit 60
    Size
    4,000 SF
    Rate per SF
    $20

    HighLights

    • 215,113 square feet of gross leasable area (GLA) at Bechtle Crossing and 11,735 square feet of GLA at Springfield Small Shops.
    • Excellent visibility and high traffic counts on Bechtle Avenue in Springfield, Ohio.
    • Strong tenant mix including Harbor Freight, Kohl's, Marshalls, and other national retailers.
    • Proximity to Lowe's, Home Depot, Hobby Lobby, PetSmart, and Best Buy.
    • 14,983 average annual daily traffic (AADT) on North Bechtle Avenue.
    Property Profile Location Intelligence

    Current Use by Public Records

    Panda Express Chinese Restaurant

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.8343342
    Latitude
    39.9448913

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    FAQs

    What type of property is this?
    Retail property - Prime Springfield retail space, 10,500 sq ft available.
    Where is this retail property located?
    The property is located at 1590 Bechtle Ave Springfield, OH.
    What is the lease rate?
    The lease rate is $18-$20 SF/Yr.
    What are key features of this property?
    This property features: 215,113 square feet of gross leasable area (GLA) at Bechtle Crossing and 11,735 square feet of GLA at Springfield Small Shops.; Excellent visibility and high traffic counts on Bechtle Avenue in Springfield, Ohio.; Strong tenant mix including Harbor Freight, Kohl's, Marshalls, and other national retailers.
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1590 Bechtle Ave Springfield, OH 45504
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