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935 South StWilmington, OH 45177

Wilmington, OH Retail Investment

Overview

Added:
Dec 11, 2024
Days on market:
115
King Commons, a 59,573-square-foot retail shopping center in Wilmington, Ohio, presents a compelling value-add investment opportunity. This multi-tenant property, built in 1977, sits on approximately 7.33 acres and boasts 651 parking spaces. Currently operating at 55% occupancy, the center benefits from a strong tenant mix, including national brands like Subway, Dollar General, and Solutions. Dollar General and Solutions have demonstrated long-term commitment with leases exceeding 15 years. The property enjoys an exceptional location at a signalized intersection, providing convenient access and high visibility. Its proximity to Wilmington Air Park Commercial Airport and the Wilmington National Weather Service Station further enhances its strategic positioning. The center is ideally situated within a three-mile radius of major retailers such as Walmart, Kroger, Lowe's, Aldi, McDonald's, CVS, and Planet Fitness, ensuring consistent traffic and customer flow. Wilmington's location within the Greater Cincinnati Metropolitan area, 50 miles from Downtown Cincinnati and 35 miles from Downtown Dayton, provides access to a large consumer base. This property offers significant potential for growth and return on investment. The ample parking and easy accessibility make it an attractive destination for both tenants and customers. The existing tenant base provides a solid foundation for future growth and development. This is a rare opportunity to acquire a well-located retail center with significant upside potential in a growing market.

Highlights

  • 59,573-square-foot retail strip center on ±7.33 acres in Wilmington, OH, with ample parking and easy access.
  • Signalized intersection location adjacent to Wilmington Air Park Commercial Airport and the National Weather Service Station.
  • Value-add opportunity with a strong tenant mix including Subway, Dollar General, and Solutions.
  • Anchor tenants Dollar General and Solutions have over 15 years of lease history.
  • Wilmington is within the Greater Cincinnati Metropolitan area, 50 miles from Cincinnati and 35 miles from Dayton.
  • Located within three miles of Walmart, Kroger, Lowe's, Aldi, McDonald's, CVS, and Planet Fitness.

Property Details for 935 South St

Property type
Lifestyle centers, Power centers
Square Feet
59,573 SF
Year Built
1977
Lot Size (sq. ft)
319,295 SF

Location Insight

City
Wilmington
County
Clinton
State
Ohio
Latitude
39.43331277
Longitude
-83.83200968
935 South St, Wilmington, Ohio

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935 South St
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