Springfield Commons

For Sale

1501 N Bechtle Ave, Springfield, OH 45504

This Springfield property for sale is located at 1501 N Bechtle Ave. The current listed sale price for Springfield Commons is $18,442,000. Springfield Commons is situated on a lot that is 0 acre in size.

Contacts

broker

Chris Kostanecki

CP Partners

(415) 274-2701

Property Details

  • Property Type Retail - Power Center
  • Property Size 206,884 SF
  • Lot Size 0 Acre
  • Property Tenancy Multi-Tenant
  • Date Updated Apr 22, 2024
-Springfield Commons is a Lowe’s anchored shopping center that is over 95% occupied, and is leased entirely to national retailers. The subject property is located adjacent to U.S. Route 68, a major north-south freeway that runs through the state of Ohio.

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Highlights

  • Springfield Commons is currently leased to Lowe’s, Best Buy, Planet Fitness, PetSmart, and Mattress Firm
  • All five of the tenants have been at this location for more than 10 years; Lowe’s has occupied its space since 1995
  • According to Placer.ai, the Springfield Commons Lowe’s ranks in the 95th percentile in terms of annual store visits within the chain, nationwide. Additionally Lowe’s is paying a low in-place rent of $6.30/SF
  • N Bechtle Avenue features prominent national retailers, including Walmart, The Home Depot, Meijer, and Kroger; all of which are within close proximity to the subject property
  • Springfield Commons is well-positioned along N Bechtle, and is one of the first centers that drivers will see when exiting U.S. Hwy 68/Troy Road
  • Springfield is approximately 26 miles from Dayton, and 52 miles from Columbus, Ohio’s capital

Attachments

Getting around

  • 47/100

    Walk Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Springfield, OH
  • Neighborhood Hometown Business District
  • Zip Code 45504
  • Market Dayton

Points of Interest

  • BP

    1.26 miles

  • Speedway

    3.12 miles

  • Sunoco

    3.58 miles

  • Shell

    3.61 miles

  • BP

    3.63 miles

  • Marathon

    3.98 miles

  • Speedway

    4.20 miles

  • Speedway

    6.93 miles

  • Love's

    6.94 miles

  • Beta EV Charger

    6.96 miles

  • Beatty Station

    4.43 miles

  • Public Parking

    9.88 miles

  • Clifton Gorge Parking Lot

    9.91 miles

  • Roosters

    0.38 miles

  • Golden Corral

    0.42 miles

  • Texas Roadhouse

    0.44 miles

  • McDonald's

    0.97 miles

  • The Barn Restaurant

    1.38 miles

  • Taqueria Senor Piquin

    1.54 miles

  • Station1

    1.70 miles

  • Jimmy John's

    1.75 miles

  • Mariana's Tacos Y Paletas

    3.13 miles

  • Lee's Famous Recipe Chicken

    3.25 miles

  • Kohl's

    0.24 miles

  • Meijer

    0.31 miles

  • Walmart Supercenter

    0.77 miles

  • Sears

    1.02 miles

  • Upper Valley Mall

    1.02 miles

  • Kroger

    3.13 miles

  • Big Lots

    3.69 miles

  • Kroger

    3.95 miles

  • Walmart Supercenter

    4.97 miles

  • Tom’s Market

    9.94 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker

broker

Chris Kostanecki

CP Partners

(415) 274-2701