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新波士顿广场(以下简称为“房产”)位于俄亥俄州赛欧托县(Scioto County),面积约44,550平方英尺。
美国俄亥俄州Scioto房产的该房产坐拥3.11英亩的地块,位于罗德大道(Rhodes Avenue)设有信号灯的交叉口,这是朴茨茅斯( Portsmouth)市场上交通最繁忙的道路之一,车流量超过13,400辆。美国俄亥俄州Scioto房产的该房产部分租赁给Rural King和布莱克伯恩食品药品公司(Blackburn's Food & Pharmacy),因此这里整周都人来人往,客流不断。新波士顿广场目前大约已租赁87.43%,租册中包含众多入驻已久的长期租户。主要租户包括多来店(Dollar General)(1998年)、洛杉矶水疗中心 (LA Nails)(1999年)、莎莉美容(Sally Beauty)(2008年)、National Cash Advance(2008年)和H & R Block,它们入驻此区域已超过8年之久。此外,大型朴茨茅斯(Greater Portsmouth)市场所面临的竞争寥寥无几。在此地区经营业务的租户选择极为有限,只有约20座传统型零售房产,面积超过20,000平方英尺,可用率低于5%。
新波士顿南部临近俄亥俄河的边界,其余则依偎在被朴茨茅斯(Portsmouth)城市的怀抱中。朴茨茅斯(Portsmouth)位于该州最南端俄亥俄河(Ohio River)和赛欧托河(Scioto River)的交汇处,距离哥伦布以南约80英里,辛辛那提(Cincinnati)以东110英里,从这里可轻松抵达三州(Tri-State Region)大都市区。
Property tours are available by appointment ONLY. Please contact Hank Davis at 513-763-3022 or Hank.Davis@cushwake.com to schedule.
New Boston Plaza (the “Property”) is a ±44,550 SF Neighborhood Center located in New Boston, in Scioto County, Ohio.
The Property is situated on a ±3.11-acre parcel at a signalized intersection along Rhodes Avenue, one of the most heavily trafficked roads in the Portsmouth market, with over 13,400 VPD. It is shadow-anchored by Rural King and Blackburn's Food & Pharmacy, which draw customers to the center throughout the week. Currently ±87.43% occupied, New Boston Plaza benefits from a rent roll consisting of long-standing tenants who have shown a commitment to the center. Key tenants, such as Dollar General (1998), LA Nails (1999), Sally Beauty (2008), National Cash Advance (2008) and H&R Block, have all been at the Property for 8+ years. In addition, the Greater Portsmouth market faces limited competition. Tenants operating in the area have limited options, with only ±20 traditional retail properties in excess of 20,000 SF, and an availability rate under 5%.
Apart from its southern boundary on the Ohio River, New Boston is entirely surrounded by the city of Portsmouth. Located confluence of the Ohio and Scioto rivers in the southernmost tip of the state, Portsmouth is approximately 80 miles south of Columbus and 110 miles east of Cincinnati, with easy access to major metropolitan areas in the Tri-State Region. The city is well-served by both CSX Transportation and Norfolk Southern, providing local companies frequent and cost-effective rail service, with connections to major population centers and Eastern deepwater ports. The area also benefits from a well-designed and well-maintained network of state highways that provide fast access to and from the region, including quick trips to nearby Interstate 64. Scioto County and the surrounding region boasts a workforce of over 208,000, with solid experience in steel, manufacturing, chemicals, wood products, and other industries. For years, the region has attracted companies with its superior connectivity and abundant natural resources. In addition, barges on the river allow affordable shipments of bulk commodities, such as coal, petroleum, chemicals, and agricultural products, all the way to the Gulf of Mexico. Top employers in Portsmouth include Norfolk Southern Railroad, OSCO Industries, Appalachian Wood Floors, and Coca-Cola.
This offering presents an excellent opportunity to purchase a strong-performing retail asset with lease-up potential. This property will be auctioned on Monday, December 3 - Wednesday, December 5 . The price displayed is the starting bid amount of $550,000. For information and to register to bid on this property, please visit Ten-X.com.