2953 Derr Rd Springfield, OH 45503
- Drive through restaurants
- 2,040 SF
- 0.46 lot acres
Current Use by Public Records
- Hot Head Burritos / Taco Restaurant / Tex-Mex Restaurant
Property Details for 2953 Derr Rd
- Year built
- 2003
- Construction
- BRICK
- Lot size
- 0.46 lot acres
- Property size
- 2,040 SF
- Property type
- Drive through restaurants
- APN
- 340-03-00025-100-071
- APU
- 3400300025100071
Description
This exceptional retail center, located at 2953-2989 Derr Rd, Springfield, OH 45503, presents a unique investment opportunity. Situated on the northern edge of Springfield, this Class B shopping center enjoys a prime location, being the only retail center within a 2-mile radius, serving a densely populated residential area. The property features three available spaces, totaling 5,550 square feet, with individual spaces measuring 1,000, 2,250, and 2,300 square feet. The center benefits from a strong anchor tenant, Kroger, ensuring consistent foot traffic and high visibility. Its convenient location and excellent accessibility are further enhanced by ample parking and the availability of building signage. The property is conveniently located near the cross street of Villa Road in the Springfield submarket of Clark County. This presents a rare chance to establish a business in a thriving community with minimal competition and high potential for growth. The property's strategic positioning and existing infrastructure make it an ideal choice for a variety of retail businesses seeking a strong foothold in a well-established residential area.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Springfield
- County
- Clark
- State
- Ohio
- Longitude
- -83.786
- Latitude
- 39.964
- CBSA code
- 44220
- CBSA name
- SPRINGFIELD, OH METROPOLITAN STATISTICAL AREA
