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109 Jefferson St 8,072 SF of Retail Space Available in Greenfield, OH 45123
HIGHLIGHTS
- Dual frontage on Jefferson and N McArthur Streets with full access.
- 26 parking spaces including 4 ADA-compliant spots.
- Located in a growing trade area with $5.37M in park improvements.
- Former Rite Aid with existing infrastructure for retail conversion.
- Surrounded by national retailers and local institutions.
- Zoned CN: Village Commercial, allowing flexible use options.
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 8,072 SF | Negotiable | $8.00 /SF/YR $0.67 /SF/MO $64,576 /YR $5,381 /MO | Triple Net (NNN) |
1st Floor
Positioned at the intersection of Jefferson Street and N McArthur Way, this 8,072 SF freestanding retail building offers exceptional visibility and access in the heart of Greenfield, Ohio. Formerly occupied by Rite Aid, the property is ideally suited for a wide range of commercial uses, benefiting from CN Village Commercial zoning and a strong surrounding tenant mix including Save-A-Lot, Dollar General, Burger King, and McDonald’s. This property is available for both sale and lease.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as Standard Retail Space
- Space is an outparcel at this property
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
SELECT TENANTS AT 109 JEFFERSON ST, GREENFIELD, OH 45123
- TENANT
- DESCRIPTION
- US LOCATIONS
- REACH
- Rite Aid
- Drug Store
- -
- National
| TENANT | DESCRIPTION | US LOCATIONS | REACH |
| Rite Aid | Drug Store | - | National |
PROPERTY FACTS
| Total Space Available | 8,072 SF | Gross Leasable Area | 8,072 SF |
| Property Type | Retail | Year Built | 1950 |
| Property Subtype | Drug Store |
| Total Space Available | 8,072 SF |
| Property Type | Retail |
| Property Subtype | Drug Store |
| Gross Leasable Area | 8,072 SF |
| Year Built | 1950 |
ABOUT THE PROPERTY
The site features dual street frontage—121 feet on Jefferson Street and 122 feet on N McArthur Street—along with 26 dedicated parking spaces, including four ADA-compliant spots. Located adjacent to the Historic Smith Tannery House and within walking distance of Greenfield’s schools and medical facilities, the property is well-positioned to serve both local residents and regional visitors. Greenfield’s diverse employment base, anchored by manufacturing and educational institutions, supports steady daytime traffic. The area is further enhanced by a $5.37 million state investment in Felson Park, boosting its appeal as a travel destination. With over 8,000 vehicles per day on Jefferson Street and proximity to Chillicothe (just 32 minutes east), this site offers a compelling opportunity for retailers, service providers, or medical users seeking a strategic foothold in southern Ohio.
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109 Jefferson St
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