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    Property profile & analytics
    OFF-MARKET Estimated value $12,640,000
    Outlet malls

    2825 Progress Way, Wilmington, OH 45177-7710

    201,738 SF 24.07 ac lot Built 2002
    Entity Owned 5-yr Hold Free & Clear
    Property ID
    US66-3526882
    Property summary
    AI-generated overview

    Wilmington Square I offers a unique investment opportunity in Clinton County. This mixed-use retail center boasts a total of 220,822 square feet, situated on 24.13 acres of land. The property, built in 2003, is a single-story building featuring a powerful mix of national and local tenants. A significant anchor tenant, a 203,622 square foot Wal-Mart Super Center, drives substantial foot traffic to the center. Additional national tenants include Maurice's, GameStop, Subway, and LA Tan, occupying a combined 17,200 square feet of prime retail space. A separate 10,700 square foot outparcel building houses several service and restaurant businesses. Currently, there is 5,200 square feet of vacant space available, including one 1,700 square foot unit, presenting an excellent opportunity for expansion or new tenancy. The strategic location at the corner of State Route 73 and US Routes 22/3 ensures high visibility and accessibility, making Wilmington Square I the dominant retail destination in Clinton County. This property offers a compelling combination of established tenants, high traffic volume, and significant growth potential. The available space presents a chance to capitalize on the strong existing tenant mix and the overall success of this well-established retail center.

    Property profile
    Verified
    Property type Outlet malls
    Use group WHOLESALE OUTLET, DISCOUNT STORE
    Year built 2002
    Total area 201,738 SF
    Lot 24.07 ac (1,048,315 SF)
    APN 290-18-05-01-0000-00
    UPID US66-3526882
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Current use
    Occupant on record · Public records
    • Primo Water Refill & Exchange Big Box & Wholesale Store
    • Western Union Bank Credit Union
    • Megan Sargent Pharmacy
    • Guobin Jiang Pharmacy
    • Quick-Tag (Bike/Boat/Book/etc) Store Pet Store & Service
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    by Request
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    $11.37M
    Blend (final) Blend
    $12.64M
    Owner & transaction history
    City Of Wilmington · 5 yrs held
    City Of Wilmington
    since 2021
    1 recorded transaction
    2021
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
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