Springfield Commons Outparcel

1501 N Bechtle Ave, Springfield, OH 45504

  • For Sale $2,013,000
  • 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.
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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

Contacts

broker
Chris Kostanecki

CP Partners

Location

Getting Around

  • Walk Score ®

    47/100 Car-Dependent

  • Bike Score ®

    38/100 Somewhat Bikeable
Powered by Walk Score ®
  • 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

Frequently Asked Questions

How much does Springfield Commons Outparcel cost?

The space currently listed for sale at Springfield Commons Outparcel asks for $2,013,000.

What is the total square footage of Springfield Commons Outparcel?

Springfield Commons Outparcel totals 42,061 square feet.

When was this property built?

Springfield Commons Outparcel was built in 1995.

Looking for more in-depth information on this property?

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Contact Listing Broker
broker
Chris Kostanecki

CP Partners

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