Retail    

Shawnee Square

 Chillicothe, Ohio

Asking Price

$9,945,000

Cap Rate

8.75%

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Lot Size

18.33 AC

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Year Built | Ren

1987 | 2006

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GLA

154,350 SF

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Population (5-Miles)

37,117

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Avg HHI (5-Miles)

$75,968

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INVESTMENT HIGHLIGHTS

  • Ollie's Bargain Outlet | Ollie’s emerged as a bonified essential business during the pandemic and has continued to rapidly expand opening 40 new stores in 2022, with 50-55 new locations planned annually. 
  • Ollie's Remodel | The Ollie's Bargain Outlet recently remodeled the entire 34,000 square foot interior space of their suite.
  • High-Traffic Interchange | The interchange sees 34,000+ vpd on US-35 with Shawnee Square seeing 25,000+ vpd on North Bridge Street.
  • Established Market with Continued Growth |  Located at the intersection of US-35 and OH-159 (North Bridge Street), Shawnee Square is part of Chillicothe's main retail corridor.
  • Community Shopping Center | Strong roster of essential / complementary tenants including retail, medical and personal services, catering to all demographics.
  • Placer.ai Rankings - Ollie's | Ollie’s number of visits for the last 12 months ranks near the top 25% of all tracked Discount & Dollar Stores in the state of Ohio and top 33% nationally.
  • Foreign Trade Zone Advantage | Chillicothe is located in Foreign Trade Zone #138, allowing goods to enter and leave the zone without formal customs entry, saving businesses both time and money.

Exclusively Listed By

Ryan Roedersheimer

Senior Vice President
  ryanr@northmarq.com      513.504.4046
OH #BRKA.2021000840

Patrick Metz

Associate Vice President
  pmetz@northmarq.com      513.906.5397
OH #SAL.2007001635

Brett Puckett

Associate Vice President
  bpuckett@northmarq.com      513.906.8211
OH #SAL.2019005993

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