Map of Property

7589 State Route 73, Wilmington Ohio - Retail/Flex Available

For Lease

7589 Ohio 73, Wilmington, OH 45177

You can currently find 1 retail space(s) available for lease at 7589 State Route 73, Wilmington Ohio - Retail/Flex Available. Designated use type for space listed here includes retail. Current retail listings at this property total 13,136 square feet. Lease type options include NNN. Expand the listing and property details below for additional information on leasing opportunities at 7589 State Route 73, Wilmington Ohio - Retail/Flex Available.

Space Available For Lease 1

Contacts

broker

Michael Costantini

3CRE Advisors

Property Details

  • Property Type Retail - Freestanding
  • Property Size 13,136 SF
  • Additional Rent Contact for pricing
  • Date Updated Aug 26, 2024
This property, represents a promising investment opportunity, particularly for businesses in the light industrial sector. Its strategic location is central to three major cities—Cincinnati, Dayton, and Columbus—which facilitates easy access to a broad market and diverse supply chains. This central positioning is ideal for businesses aiming to minimize transportation costs and maximize efficiency in distribution. The proximity to these urban centers not only enhances logistical operations but also provides access to a larger pool of potential employees and customers. Moreover, the area's economic stability and growth prospects make it an attractive spot for light industrial companies looking to expand or establish new operations. Investing in this property could leverage the geographic advantages and economic dynamics of the region, leading to significant returns.3CRE is excited to present 7589 St RT 73, Wilmington, OH 45177, a prime opportunity for a retail/flex user in a 13,136 square foot building, spanning on 1.7 acres. With an impressive 620+ feet of frontage, adjacent to I-71 and parallel to State Route 73, businesses can enjoy unparalleled connectivity and efficiency, making it the ideal choice for industries that prioritize timely operations and accessibility.The market rate for 7589 State Route 73, has been assessed at $8.00 per square foot. Additionally, there is a charge of $1.75 per square foot covering property taxes, property insurance, and expenses for the maintenance of common areas. It Is important to note that this additional rent may vary within the lease agreement depending on the incentives and allowances invested by Landlord in securing a new tenant and lease. A net operating Income of $105,088 could increase the properties value to approximately $1.31 million dollars, assuming a capitalization rate of 8.00%. The $8 SF/YR base rent assumes a five-year lease to a regional or national tenant with the space in a warm white-box condition with minimal tenant allowance.

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Attachments

Getting around

  • 19/100

    Walk Score ®

  • 29/100

    Bike Score ®

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Location

  • City Wilmington, OH
  • Zip Code 45177

Points of Interest

  • BP

    0.45 miles

  • Shell

    0.46 miles

  • J&D’s Market

    3.41 miles

  • 76

    5.87 miles

  • ONE9

    5.94 miles

  • Marathon

    7.17 miles

  • Speedway

    7.20 miles

  • United Dairy Farmers

    7.22 miles

  • MTB Harveysburg Loop

    3.00 miles

  • MTB Ward Loop

    3.03 miles

  • MTB Campground Loop

    3.92 miles

  • North Pool

    4.02 miles

  • Campground Boat Ramp

    4.03 miles

  • Fifty Springs

    4.16 miles

  • Buckeye Way

    4.30 miles

  • Marina & Youth Pond

    4.41 miles

  • New Burlington Road Wildlife Area

    4.72 miles

  • Young Road

    4.77 miles

  • 73 Grill

    0.51 miles

  • McDonald's

    5.87 miles

  • Subway

    5.92 miles

  • Wendy's

    5.95 miles

  • DQ Grill & Chill

    5.96 miles

  • Max & Erma’s

    6.04 miles

  • International Grille and Café

    6.08 miles

  • Spillway Lodge

    6.64 miles

  • KFC

    7.01 miles

  • Don Jalepeños

    7.12 miles

  • Spillway Party Supply

    5.86 miles

  • Kroger Food & Drug

    7.93 miles

  • Groceryland

    8.00 miles

  • ALDI

    8.35 miles

  • Walmart Supercenter

    9.20 miles

7589 Ohio 73 Listing Brief

  • A property’s location contributes to the asking rent almost as much as its characteristics do. For instance, central urban locations with high walkability or suburban locations with ample parking and easy access by car will claim higher rents but offer superior access to your customer base. Likewise, the quality of the building systems and property finishes have a significant impact on how businesses can conduct their activity there, as well as on the experience of their customers.

    Retail space at 7589 State Route 73, Wilmington Ohio - Retail/Flex Available asks $8.00/SF/YR per square foot.

  • The property includes 13,136 square feet of retail space for lease. Of this total, 13,136 square feet are Retail.

    Lease agreement conditions for the availability at this property include NNN.

    For more information or to schedule a tour of the property, use the convenient contact form on this page to get in touch with a representative.

  • You should keep in mind that different areas gradually build a reputation as hotspots or desirable corridors for shopping, eating, or other entertainment and consumer activities. So, while renting retail space in an area with a well-established high-end reputation might mean more customers that are more willing to spend, it will also place you in a more competitive environment.

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

Michael Costantini

3CRE Advisors

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  2. 2Extra information