Springfield Commons Outparcel

For Sale

1501 N Bechtle Ave, Springfield, OH 45504

This Springfield property for sale is located at 1501 N Bechtle Ave. The general use of Springfield Commons Outparcel is retail and it incorporates 42,061 square feet of class C retail space. The current listed sale price for Springfield Commons Outparcel is $2,013,000.

Contacts

broker
Chris Kostanecki

CP Partners

Property Details

  • Property Type Retail - Freestanding
  • Property Size 42,061 SF
  • Property Tenancy Multi-Tenant
  • Building Class C
  • Year Built 1995
  • Date Updated Mar 10, 2025
Springfield Commons Outparcel is an add-value retail strip center located off of a signalized intersection and adjacent to a Lowe’s anchored shopping center. An investor has the opportunity to grow the income stream through the lease-up of the 9,780 SF vacant end cap.
Want more info on this listing?

Reach out to the broker for more info on lease terms and amenities

Highlights

  • Springfield Commons Outparcel is a 3-unit strip center that is currently occupied by Planet Fitness and Mattress Firm
  • An investor will have an immediate add-value opportunity through the lease-up of the 9,780 SF vacant end cap
  • The vacant suite makes up 23.25% of the total GLA; once stabilized an investor will benefit from a sizable boost to the NOI and cap rate expansion
  • The subject property is being offered for an extremely low price per square foot ($47.86)
  • Planet Fitness and Mattress Firm have operated at the subject property for 10+ years; Planet Fitness is leased to an experienced operator with locations in various states, and Mattress Firm is a corporate location
  • Well-positioned off of a signalized intersection; prominent pylon signage
  • N Bechtle Avenue features prominent national retailers, including Walmart, The Home Depot, Meijer, and Kroger; all of which are within close proximity to the subject property

Getting around

  • 47/100

    Walk Score ®

  • 38/100

    Bike Score ®

Powered by Walk Score ®

Location

  • City Springfield, OH
  • Neighborhood Hometown Business District
  • Zip Code 45504
  • Market Dayton

Points of Interest

  • Sunoco

    0.26 miles

  • Speedway

    0.71 miles

  • Valero

    0.88 miles

  • Shell

    1.04 miles

  • BP

    1.26 miles

  • Beta EV Charger

    6.96 miles

  • Beatty Station

    4.43 miles

  • Public Parking

    9.88 miles

  • Clifton Gorge Parking Lot

    9.91 miles

  • Raising Cane’s Chicken Fingers

    0.26 miles

  • Roosters

    0.38 miles

  • Golden Corral

    0.42 miles

  • Texas Roadhouse

    0.44 miles

  • McDonald's

    0.97 miles

  • Domino's

    1.03 miles

  • The Barn Restaurant

    1.38 miles

  • Taqueria Senor Piquin

    1.54 miles

  • Station1

    1.70 miles

  • Jimmy John's

    1.75 miles

  • Kohl's

    0.24 miles

  • Meijer

    0.31 miles

  • Kroger

    0.43 miles

  • Gordon Food Service

    0.45 miles

  • Walmart Supercenter

    0.75 miles

  • ALDI

    0.79 miles

  • Sears

    1.02 miles

  • Upper Valley Mall

    1.02 miles

  • Tikeenanm Grocery Store

    3.12 miles

  • Groceryland Springfield

    3.12 miles

In-Depth Research Available for this Property

Access more in-depth information about this property — including ownership, tenant details, property characteristics and transaction history, along with local market insights and much more — on CommercialEdge.

Contact Listing Broker
broker
Chris Kostanecki

CP Partners

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.