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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

Prime retail investment opportunity!
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

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
25,854 SF
Building Class
B
Year Built/Renovated
1998/2019
Price
$3,687,475
Price Per SF
$142.63
Cap Rate
7.25%
NOI
$267,483
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
3.43 AC
Parking
167 Spaces (5.75 Spaces per 1,000 SF Leased)
Frontage
264’ on Rombach Ave

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Retailer
  • -
  • -
  • -

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.

  • Arts, Entertainment, and Recreation
  • -
  • -
  • -

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.

  • Rental and Leasing Services
  • -
  • -
  • -

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 - - -
Fairly walkable
40/100
Exceptionally drivable
100/100
Fairly bikeable
40/100

Nearby Major Retailers

Starbucks
Kroger
Peoples Bancorp, Inc.
PNC Bank
Fifth Third Bank
Roosters
Bob Evans Restaurants
First Financial bank
Buffalo Wild Wings

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 290-16-05-02-0001-00
  • 290-16-05-02-0002-00
Land Assessment
$203,250
Improvements Assessment
$790,410
Total Assessment
$993,660
  • Listing ID: 41128566

  • Date on Market: 7/1/2026

  • Last Updated:

  • Address: 1215 Rombach Ave, Wilmington, OH 45177

Contact the Sale Advisor

Shoppes of Wilmington | 1215 Rombach Ave

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