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    1201-1212 Bechtle Ave Springfield, OH 45504

    For Lease
    $24 SF/Yr

    High-traffic retail space available in Springfield, Ohio.

    Lot size:
    19,247 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    Plaza 41, located at 1201-1212 N Bechtle Ave in Springfield, Ohio (zip code 45504), presents a compelling opportunity for retail or restaurant businesses. This multi-tenant property boasts a total of 19,247 square feet, with 1,600 square feet currently available for lease. Situated in Clark County, Ohio, this property benefits from excellent visibility and accessibility within a thriving commercial area. The available space is ideal for a variety of uses, offering ample room for a retail establishment or restaurant. The building's strategic location ensures high foot traffic and exposure to a substantial customer base. This is a fantastic chance to establish or expand your business in a prime Springfield location. The property's multiple tenancy structure provides a vibrant and diverse commercial environment. Interested parties are encouraged to inquire about lease terms and conditions. The address is easily accessible and well-suited for both customers and employees. The 1,600 square feet of vacant space offers a blank canvas for customization to meet specific business needs. Don't miss this opportunity to secure a prominent retail space in a bustling Springfield commercial district.

    Property Features for 1201-1212 Bechtle Ave

    General Information

    Property type
    Restaurants
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    19,247 SF
    Total Rate
    38494

    Unit(s) available at that property

    Space
    Available Space
    Size
    1,600 SF
    Rate per SF
    $24

    HighLights

    • 19,247 SF retail center at N. Bechtle Ave & W. 1st St, Springfield, OH (45504).
    • 1,600 SF former Total Nutrition space available for lease.
    • Excellent location in a thriving retail area near Target, Walmart, Home Depot, Kroger, Meijer, Marshalls, Hobby Lobby, Best Buy, Lowe's, and Kohl's.
    • High visibility with over 27,000 vehicles per day (VPD) and US 68/SR 41 exit exceeding 55,000 VPD.
    • Two miles from Wittenberg University.
    • Pylon signage available.
    Property Profile Location Intelligence

    Current Use by Public Records

    Commercial real estate

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Hair Salon Auto Repair Shop 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
    -83.8358955
    Latitude
    39.9405698

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    FAQs

    What type of property is this?
    Restaurant - High-traffic retail space available in Springfield, Ohio.
    Where is this restaurant located?
    The property is located at 1201-1212 Bechtle Ave Springfield, OH.
    What is the lease rate?
    The lease rate is $24 SF/Yr.
    What are key features of this property?
    This property features: 19,247 SF retail center at N. Bechtle Ave & W. 1st St, Springfield, OH (45504).; 1,600 SF former Total Nutrition space available for lease.; Excellent location in a thriving retail area near Target, Walmart, Home Depot, Kroger, Meijer, Marshalls, Hobby Lobby, Best Buy, Lowe's, and Kohl's.
    Request Owner's contact information
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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
    1201-1212 Bechtle Ave Springfield, OH 45504
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