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    1600 Upper Valley Pike Springfield, OH 45504

    For Lease
    Contact for pricing

    Prime Retail Space, Multiple Options

    Lot size:
    68,470 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    360
    Springfield Plaza offers exceptional retail opportunities in a high-traffic location at the intersection of Upper Valley Pike and Route 41 (Troy Road) in Springfield, OH. Available spaces range from 1,680 to 31,000 square feet, providing flexibility for various retail concepts. The property features a mix of inline spaces, small shop spaces, and anchor spaces, as well as outparcel options. This shopping center benefits from its proximity to major retailers including Rural King (shadow anchor), Kroger, Kohl's, Walmart, Hobby Lobby, Marshall's, Lowe's, and The Home Depot, ensuring high visibility and customer traffic. The location also offers convenient access to Springfield Regional Medical Center, a 475,000 square foot, 254-bed full-service, 24-hour hospital, less than two miles away, further enhancing the potential customer base. Wittenberg University is also within a two-mile radius, adding to the area's demographic appeal. This property presents a unique opportunity for businesses seeking a strong presence in a thriving retail environment with excellent visibility and accessibility. The multiple tenancy options allow for diverse business combinations and potential synergistic partnerships. The property is situated in Clark County, Ohio. Contact us today to learn more about the available spaces and leasing options.

    Property Features for 1600 Upper Valley Pike

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    68,470 SF

    Unit(s) available at that property

    Space
    Small Shop Spaces
    Size
    4,800 SF
    Space
    Outparcel
    Size
    32,670 SF
    Space
    Anchor Space
    Size
    31,000 SF

    HighLights

    • 1,680 to 31,000 square feet of retail space available.
    • Outparcel space available.
    • Strong retail location at Upper Valley Pike and Route 41 intersection.
    • Shadow anchored by Rural King, with proximity to Kroger, Kohl's, Walmart, Hobby Lobby, Marshall's, Lowe's, and Home Depot.
    • Located near Springfield Regional Medical Center and Wittenberg University.
    Property Profile Location Intelligence

    Current Use by Public Records

    Springfield Plaza Shopping ... Shopping Mall Wright-Patt Credit Union ... Atm Dunham's Sports Sporting Goods Store

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Springfield
    County
    Clark
    State
    Ohio
    Longitude
    -83.850522906709
    Latitude
    39.948045662287

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Retail Space, Multiple Options
    Where is this lifestyle center located?
    The property is located at 1600 Upper Valley Pike Springfield, OH.
    What are key features of this property?
    This property features: 1,680 to 31,000 square feet of retail space available.; Outparcel space available.; Strong retail location at Upper Valley Pike and Route 41 intersection.
    Request Owner's contact information
    1600 Upper Valley Pike Springfield, OH 45504
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    Springfield, OH 45504
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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
    1600 Upper Valley Pike Springfield, OH 45504
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