Investment Highlights
- Core Rent Roll has Nearly 17 Years of Weight Average Tenancy Tenure with Three of Top Six Tenants Possessing Investment Grade Credit
- Six of Eight Tenants are 18,000 – 58,000 Square Feet Each and Comprise 96 Percent of Gross Leaseable Area and 92 Percent of GPI with 6.8 Years WALT
- 35 Percent Population Growth in a One-Mile Radius Since 2010; Over 29 Percent in Three-Miles and Over 17 Percent in Five-Miles Outpacing Columbus MSA
- Majority of Roofs Replaced 2016-2020 at a Cost of Over $500 Thousand Along with Parking Fields and Drive Resurfacing 2014-2022
- Shadow-Anchored by Walmart Supercenter on Ground Lease, Expanded in 2007; Sees Over 2.1 Million Annual Customer Visits Creating Substantial Cross-Traffic
- Co-Anchored by Best Buy (25 Percent) of Gross Leaseable Area - Recently Exercised Five-Year Option Early thru 2031 - Top Third of Stores Nationally and Top 13 Percent in Ohio per Placer
- Potential to Add up to Additional 12,500 Square Feet on Excess Parking Pad Adjacent to Tesla Dealership
- Wal-Mart Renovation Completed in November 2023 – Part of $225 Million Remodeling Project in Ohio.
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