731 E Main St
Jackson, OH 45640
Evans Center · Retail Property For Sale

The Dumes Falk Group of Marcus & Millichap is pleased to bring to market the Evans Center, a 24,840-square foot neighborhood shopping center in Jackson, Ohio. Located in the county seat of Jackson County, the subject property is midway between Columbus, Ohio and Charleston, West Virginia. This internet resistant center is currently 95 percent occupied by a mixture of medical, restaurant and service oriented tenants.   The property was renovated in 2010 with over $100,000 of capital improvements spent on a new rubber roof, an updated façade and a fully repaved concrete parking lot. The Evans Center has been able to maintain a commitment from rooted tenants with strong customer followings and has shown its viability in the market by remaining at least 95 percent occupied over the last ten years. A prospective buyer will benefit from a diversified cash flow from eighteen individual tenants with no single tenant taking up more than ten percent of the gross leasable area. Most of the utility expenses are paid by the tenants, and there is also an opportunity to convert the otherwise gross leases to triple nets and directly increase the net operating income. Located directly off State Route-124 with 15,610 vehicles per day, the subject property is strategically position on East Main Street, the primary road through town with over 14,340 vehicles per day. This county seat is also home to major employers such as Bellisio Foods with 1,326 local employees and General Mills 1,051 local employees. The Evans center is also within close proximity to other major retailers including: Walmart, Kroger, Auto Zone, O’Reilly Auto Parts, First Choice Financial, Stockmeister Plumbing, Heating and Cooling, Burger King, Ohio Valley Bank, Bob Evans, Dairy Queen, Pizza Hut, KFC, and Tractor Supply.