Main Content
- SF: 72,010 sq. ft
- acres 6.2
- Request Info
- Full Offering Memorandum
1470 North Bridge St
Agent(s): Kyle Hartung
- Price $5,801,000
- Cap Rate 8.5%
- Status For Sale
- Property Type Investment Sales
About This Property
For sale to qualified investors is a two-tenant building in Chillicothe, Ohio, adjacent to a 94,000-square-foot Rural King retail store. The offering includes Adena Health System in 49,366 square feet of space with 9 years of guaranteed lease term remaining, and Ashley HomeStore, whose 10 year lease term commences in the fall of 2023. Both tenants along with Rural King (shadow anchor) draw customers from a regional population of approximately 77,000 people. Adena, Ashley HomeStore, and Rural King all selected Chillicothe due to its regional draw throughout Ross County as the county seat and center of commerce for the area. The property is surrounded by other national retailers and restaurants including Walmart, Lowe’s, Kohl’s, Sam’s Club, Menard’s, Kroger, Hobby Lobby, Dick’s Sporting Goods, TJ Maxx, ALDI, Starbucks, Chipotle, Panera, Five Guys, Olive Garden, McDonald’s, Taco Bell, Arby’s, and many more.