仅可通过预约看房。请联系Tim Giambrone来安排或在tgiambrone@marcusmillichap.com或（678）808-2731。 投资亮点：±344,273平方英尺固定购物中心，45％租给国内租户增加机会，通过增加低于市场租金和租赁空置的空白±29％的GLA最近升值了大量资金用于资本改进国家租户包括超低折扣店，购物者世界，家庭美元和花旗趋势方便的位置，靠近高速交通路口，距离Kroger Anchored中心不远，距离4亿美元的好莱坞赌场密集人口不到2英里，自2000年以来增长了±13％。投资概况：大西部购物中心位于俄亥俄州哥伦布市68-154 Wilson路北部的全国性停车场。大西洋购物中心坐落在±34.56英亩的土地上，包含一个±344,273 平方英尺，多租户零售中心，包括国家，地区和本地租户，包括超低折扣店，购物者世界，家庭美元和花旗趋势此外，目前的GLA占45％，占中心收入43％的全国租户。中心的租户租金低于市场，目前有超过99000元的平方英尺可供租赁，为投资者增加价值创造了许多机会。该物业位于单一±34.56个交流的地块上，并改善了四层一层商业建筑（A栋（154-188 / 3400）； B栋（58-152））C楼（32-50 / 3385-3445 / 3470）； D楼（3331-3367））。
Property tours are available by appointment ONLY. Please contact Tim Giambrone to schedule at tgiambrone@marcusmillichap.com or (678) 808-2731.
Investment Highlights:
±344,273 SF anchored shopping center with 45% leased to national tenants
Value add opportunity through increase of below market rents & lease-up of the vacant ±29% of GLA
Recently upgraded with significant money spent on capital improvements
National tenants include Save-A-Lot, Shoppers World, Family Dollar and Citi Trends
Dollar General recently exercised their option to extend their lease through 2026 showing their commitment to the center
Convenient location near high traffic intersection directly across from Kroger Anchored Center
Less Than 2 miles from the $400 Million Hollywood Casino
Dense Population with ±13% Growth Since 2000
Investment Overview:
Great Western Shopping Center is a nationally anchored neighborhood center located at 68 - 154 N Wilson Road, in Columbus, Ohio. Great Western Shopping Center is situated on ±34.56 acres of land and contains a ±344,273 SF, multi-tenant, retail center, with a diverse mix of national, regional and local tenants including Save-A-Lot, Shoppers World, Family Dollar and Citi Trends. In addition, 45% of the current GLA is occupied by national tenants representing 43% of the center’s income. Tenant rents at the center are below market and there is currently over ±99,000 SF available for lease, creating numerous opportunities for investors to add value.
The Property is situated on a single ±34.56 AC parcel of land and is improved with four, 1-story commercial buildings (Building A (154-188/3400); Building B (58-152); Building C (32-50/3385-3445/3470); and, Building D (3331-3367)). The buildings have their own parking facilities, which consist of asphalt-paved drives and parking spaces, and accommodate approximately 1,446 parking spaces. Other amenities include a maintenance shop, a storage building, cast in-place concrete side-walks, covered sidewalks, loading docks at select locations, and limited landscaped areas.
Located in Franklin County, the Property benefits from strong demographics with a five-mile radius population of ±263,074 people and an average household income of ±$62,488. This population has grown 13% since 2000. Great Western Shopping Center is parallel to the main traffic artery, offers excellent visibility with excellent ingress and egress and 770 feet of frontage on N Wilson Rd with traffic counts in excess of 23,400 vehicles daily. The Property is conveniently located at the intersection of N Wilson Rd and W Broad St the property is positioned at the first major intersection off Interstate 270. This intersection, located 1.5 miles from the Property, enjoys tremendous traffic counts of 51,000 vehicles per day and Interstate 270 boasts traffic counts of 103,500 vehicles per day at W Broad St.
Great Western Shopping Center is located in a busy retail corridor with strong traffic count, above average HH income, and dense demographics. Nearby national retailers include Kohl’s, Sears, Big Lots, Jo-Ann, Kroger, Giant Eagle, CVS, Walgreens, Staples, Payless, Game Stop, Rainbow Apparel, Sally’s Beauty, Shoe Show, Dollar Tree, Advance Auto, O’Reilly, PNC, US Bank, Chuck E. Cheese, Taco Bell, Subway, Tim Hortons, White Castle, McDonald’s, Burger King, Bob Evans, and more. Great Western Shopping Center is centrally located only ±1.4 miles from Hollywood Casino, ±7.1 miles from Ohio State University (64,800+ Students), ±7.3 miles from Downtown Columbus, ±12.9 miles from John Glenn Columbus International Airport(CMH), ±109 miles from Cincinnati, and ±150 miles from Cleveland.
This opportunity gives potential investors the ability to acquire a well-situated asset in a heavy retail node within the Columbus MSA with 45% of the current GLA occupied by national tenants and value-add potential through rental increases and lease-up of the available ±29% of GLA. This property will be auctioned on Monday, August 21 - Wednesday, August 23 . The price displayed is the starting bid amount of $1,750,000. For information and to register to bid on this property, please visit Ten-X.com.
