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Shoppes of Wilmington 1215 Rombach Ave 25,854 SF 100% Leased Retail Building Wilmington, OH 45177 $3,687,475 ($142.63/SF) 7.25% Cap Rate



Investment Highlights
- Future Pad Site Available at the Front of the Property
- Long-term Commitment from All Three Tenants
- Significant Recent Capital Investment
- 100% Leased to Three National and Regional Operators:
- Built-in Rental Growth
- Outparcel to Lowe’s on the Dominant Retail Corridor
Executive Summary
Colliers presents Shoppes of Wilmington, a 28,991 SF retail center in Wilmington, OH, fully leased to Planet Fitness, Dollar Tree, and Rent-A-Center. Positioned at the signalized entrance to the area's primary retail corridor and adjacent to Lowe’s, the property offers strong visibility and occupancy.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
Dollar Tree began in 1986 as Only $1.00, building on earlier variety-store and toy-retail roots in Virginia. The company later adopted the Dollar Tree name and grew into a value retailer focused on everyday essentials, seasonal merchandise, and discovery-oriented shopping. Current offerings include housewares, cleaning supplies, candy, snacks, food, health and beauty products, toys, gifts, stationery, craft and party supplies, books, and seasonal décor. The business also sells through its digital channels, including case-pack ordering, store pickup, home delivery, and same-day local delivery from participating store locations.
Planet Fitness began in 1992 when Michael and Marc Grondahl bought a failing Gold's Gym in Dover, New Hampshire. The company created a welcoming environment for casual exercisers with its Judgement Free Zone concept. Planet Fitness grew rapidly through franchising, becoming one of the largest fitness chains globally. The business model focuses on affordability and accessibility with low membership fees. The company provides cardio and strength equipment, free fitness training, and various membership options. Planet Fitness operates thousands of locations worldwide.
Rent-A-Center began in 1973 as a rent-to-own business focused on furniture and household goods, later building a broader retail model around flexible payment agreements. The company offers furniture, appliances, electronics, computers, tools, and related home essentials through online and store-based shopping, with services that include delivery, setup, and product service and repair in its payment agreements. Rent-A-Center maintains a wide presence across the United States and Mexico and remains centered on branded household goods for shoppers seeking alternatives to traditional credit-based buying.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
Retailer | - | - | - | ||
|
Arts, Entertainment, and Recreation | - | - | - | ||
|
Rental and Leasing Services | - | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Numbers | Improvements Assessment | $790,410 | |
| Land Assessment | $203,250 | Total Assessment | $993,660 |
Property Taxes
Contact the Sale Advisor
Shoppes of Wilmington | 1215 Rombach Ave
