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