981-1015 North Bridge St | Chillicothe, OH 45601
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- LoopNet Team
981-1015 North Bridge St
Chillicothe, OH 45601
Chillicothe Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Kroger and Lowe’s Shadow Anchored Center | Significant Daily Traffic Drivers | Dominant National Tenants | High Performance Kroger & Lowe’s
- Significantly Under-Market Rents | Annual Base Rent = $6.35 PSF | Mark-to- Market Opportunity | Hobby Lobby Paying $4.86 PSF and Home Buys
- Primely Situated approximately 1 hour from Columbus and 1.5 hours from Cincinnati
- 85% of Rental Income Derived from Hobby Lobby, Home Buys and Verizon | 6.5 Years of Weighted Avg. Lease Term (WALT) | Hobby Lobby
- Ideal Location in the Heart of the Retail Corridor | Excellent Accessibility and Visibility | Ease of Management With Only 4 Tenants
PROPERTY FACTS
Property Type
Retail
Property Subtype
Department Store
Building Size
96,246 SF
Building Class
C
Year Built/Renovated
1960/1998
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.17
Lot Size
13.09 AC
Zoning
Corridor Commercial - General commercial use, highway
Frontage
424’ on North Bridge Street
AMENITIES
- Dedicated Turn Lane
- Signage
- Signalized Intersection
- Wheelchair Accessible
PROPERTY TAXES
| Parcel Numbers | Improvements Assessment | $905,720 | |
| Land Assessment | $632,100 | Total Assessment | $1,537,820 |
PROPERTY TAXES
Parcel Numbers
Land Assessment
$632,100
Improvements Assessment
$905,720
Total Assessment
$1,537,820
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