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Cambridge Parkway Plaza61750 Southgate Road, Cambridge, OH 43725
  • SF:77,203 sq. ft
  • acres9.5
  • Price$6,965,000
  • Cap Rate8%
  • StatusFor Sale
  • Property TypeInvestment Sales

About This Property

For sale to qualified investors is the fee-simple interest in Parkway Plaza, a nationally-anchored shopping center located in Cambridge, Ohio. 75% of the GLA is leased to national corporate tenants Marshalls, Bealls, and Dollar Tree, whose triple-net leases average nearly 9 years of term remaining. Marshalls opened to the public in spring 2022, Bealls is set to open in the fall of 2023, and Dollar Tree signed a 10-year extension in 2018. The property features a diverse lineup of both corporate and franchise tenants also including Anytime Fitness, CATO, Little Caesar’s, and Shogun Restaurant. A 90,000-square-foot Rural King store serves as shadow anchor for the property and draws customers from a 20 mile radius and beyond. The shopping center features highway exposure and direct on/off ramps to I-70 (Columbus), in addition to Interstate 77 (Marietta/Parkersburg) access one miles east. The property is surrounded by national retailers including Walmart Supercenter, Starbucks, Buffalo Wild Wings, Arby’s, Aldi, Verizon, Bob Evans, Tractor Supply, KFC, Ruby Tuesday, McDonald’s, Denny’s, Dollar General, Big Lots, Family Dollar, Wendy’s, Tim Hortons, AutoZone and many others.

61750 Southgate Road

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    61750 Southgate Road

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