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Retail

Taylor Square

Reynoldsburg, OH

395,074 SqFt

Built in 2000

Suburban Core

Investment Highlights

  • 99% Occupancy, 395,074 SF Walmart Supercenter-Anchored Regional Shopping Center in the Columbus MSA.
  • Largest & Busiest Shopping Center in Trade Area – 8 Million Annual Customer Visits to the Center
  • Irreplaceable Infill, Highway-Exit Location Just Off I-70 Exit Ramps at Route 256, Seeing 97,000 VPD and 38,000 VPD
  • Well-Maintained Asset with $1.1M Spent in Replacement of All Roofs & Parking Lot Resurfacing; Diligently Executed 5-Yr Capital Improvements Plan
  • Several Paths to Additional Upside & Value Creation including 2 Vacancies, 3 OPs, & 2 Acre Developable Pad
  • Walmart (51.7% of GLA) – Abs NNN Lease Recently Extended Early thru 2030 – Ranked Top 29% Nationally and Top 22% in Ohio with 2.9 Million T12 Visits
  • 84% of Occupied GLA in Place for 20+ Years; 90% of Occupied GLA in Place of 10+ Years
  • Top 3 Tenants (WMT, JOANN, TJX) Comprise 70% of GLA and Contribute 50% of GPI; All In-Place Since 2000-2002 Construction of Center

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