1521 Walmart Dr | Lebanon, OH 45036
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- LoopNet Team
1521 Walmart Dr
Lebanon, OH 45036
Lebanon Shopping Center · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Walmart-shadow property | Over 18k VPD on US 42 and over 23k VPD on Bypass 48 | Close proximity to Cincinnati and Dayton markets
- Two vacant spaces represent approx. 13.6% of the building GLA | Market vacancy is low, slightly above 4% | Current rents are comparable to market
- Projected population growth is 0.8% annually | 5-mile average household income exceeds $117k per year | Median age is 39.1
- 1% earnings tax is one of the lowest municipal income tax rates in southwest Ohio | No personal property tax | No inventory tax
- Lebanon is the seat of the third fastest growing county in Ohio | Population is over 34k within a 5-mile radius
PROPERTY FACTS
Property Type
Retail
Property Subtype
Building Size
17,674 SF
Building Class
B
Year Built
2007
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.11
Lot Size
3.74 AC
Zoning
Commercial
Parking
151 Spaces (8.54 Spaces per 1,000 SF Leased)
PROPERTY TAXES
| Parcel Number | 09-25-300-054 | Improvements Assessment | $635,440 |
| Land Assessment | $194,280 | Total Assessment | $829,720 |
PROPERTY TAXES
Parcel Number
09-25-300-054
Land Assessment
$194,280
Improvements Assessment
$635,440
Total Assessment
$829,720
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