Offering Memorandum

Investment Sale

New Philadelphia Center

324-408 Bluebell Dr NW
New Philadelphia, Ohio

eCode:030i

Sales Price

Unpriced

NOI

$403,219

Building Size

62,088 SF

Lot Size

6.2 AC

Year Built

1981, 2002

Zoning

Commercial

Anchor(s)

Big Lots
Dollar General

Tenant Roster

  • GameStop
  • Shear Attitude Salon
  • New Philadelphia Smoke & Vape
  • Rent-A-Center
  • Advance America

Traffic Count

I-77 (36,846 CPD)
High Ave (20,715 CPD)

Highlights

  • Subject is Shadow Center to Walmart & Menards
  • Stable National Tenancy
  • Under Market Rents/Replacement Costs
  • Viable, National Co-Tenants
  • Outlot Potential
  • Freeway Accessibility

Radius 5 mile 10 mile 15 mile
Population Density 37,969 71,016 106,780
Household Income $72,197 $72,500 $73,298
Daytime Pop 25,620 32,208 39,020

SIMILAR PROPERTIES

Multi-Tenant
3005 Boardwalk Dr
Ann Arbor, Michigan

$5,500,000 | 45,390 SF
Single-Tenant
17115-17117 N. Laurel Park Dr
Livonia, Michigan

Cooper’s Hawk Winery & Restaurant: $4,500,000
The Capital Grille: $5,800,000 | Cooper’s Hawk Winery & Restaurant: 11,046 SF
The Capital Grille: 9,079 SF
Multi-Tenant
6029-6035 E Virginia Beach Blvd
Norfolk, Virginia

$2,037,959 | 16,325 SF
Multi-Tenant
205 S. Greenville West Dr
Greenville, Michigan

$8,000,000 | 95,054 SF

Offering Memorandum

Confidentiality Agreement*

Download Agreement