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cbre@rcm1.com
Call for Offers for Meridian Village
2017-07-18 16:10:28
nlpg@cbre.com
10.5-Year Tractor Supply Company | Small Price Point of $1.085M | Recently Extended Net Lease
2017-07-10 18:05:25
cbre@rcm1.com
Call for Offers: 173-Unit Yacht Harbor Club in Portland, OR
2017-06-16 16:45:19
cbre@rcm1.com
Single Tenant Net Lease Petco | 8+ Years Firm Term Remaining | Pittsburgh, PA | 7.50% Cap
2017-06-15 17:35:22
cbre@rcm1.com
Investment Opportunity - North Avenue Two-Tenant Retail Building | Excellent Visibility | Milwaukee, WI
2017-06-15 15:36:41
jared.aubrey@cbre.com
Just Listed | Sublett Crossing - Grocery Shadowed Shopping Center | Arlington, TX | $5,295,000
2017-06-14 21:05:12
cbre@rcm1.com
CBRE Bid Date Reminder - 1.15 MSF | Long-Term NNN Lease - Principio Commerce Center I Along I-95 Corridor, Maryland
2017-06-14 15:01:35
cbre@rcm1.com
Call For Bids - for Westmorland Shopping Centre, Kendal
2017-06-14 14:10:23
nlpg@cbre.com
19-Year NNN Lease | New Construction | PetSuites | Attractive Rent Increases | Industry-Leading Operator | Corporate Guarantee | Upscale Atlanta MSA
2017-06-13 21:05:19
cbre@rcm1.com
Charlotte, NC | Monroe Business Park | Rare Infill Value-Add Opportunity
2017-06-13 18:32:10
cbre@rcm1.com
Heather Lake and The Courts at Yorkshire Downs | Offering Memorandum Now Available
2017-06-12 20:00:51
cbre@rcm1.com
For Sale | Melrose Place :: 421 Unit Investment Opportunity in Jackson, MS | $5,900,000 ($14,014/Unit)
2017-06-12 18:04:16
cbre@rcm1.com
CALL FOR OFFERS Tuesday, June 13, 2017 :: 5-Property | 892-Units Multifamily Portfolio in Dallas/Fort Worth, Texas
2017-06-08 16:19:23
cbre@rcm1.com
CALL FOR OFFERS | Trophy Milwaukee CBD Office-Retail-Parking Asset with Significant Upside
2017-06-08 15:50:36
cbre@rcm1.com
For Sale: 233,862 SF Kohl's & Dick's Sporting Goods Anchored Power Center
2017-06-05 13:15:26
To: jose-1256@1000rebates.stream
From: cbre@rcm1.com (sender info)
Subject:

For Sale: 233,862 SF Kohl's & Dick's Sporting Goods Anchored Power Center


Received: 2017-06-05 13:15:26 (0 sec.) Created: 2017-06-05 13:15:26
BECHTLE CROSSING & SPRINGFIELD SHOPS
SPRINGFIELD, OHIO
THE OFFERING
CBRE has been retained as the exclusive advisor for the sale of Bechtle Crossing and Springfield Shops (collectively the “Property”). The 233,862 SF Property is Springfield Ohio’s premier community power center anchored by Kohl’s, Dicks Sporting Goods, Marshalls, and Bed Bath & Beyond. This is an outstanding opportunity to acquire a 233,862 SF, market dominant, institutional quality community power center featuring nationally recognized tenants, long term leases, and strong occupancy history.
 
 
 
    property VIDEO   
 
INVESTMENT HIGHLIGHTS
  •  DOMINANT TENANT LINEUP
    The Property features a lineup of top-tier tenants including Kohl’s, Dick’s Sporting Goods, Marshall’s, Bed Bath & Beyond, Kay Jewelers, Rue 21, Christopher & Banks and AT&T, Aspen Dental and Sally Beauty. 97% of the leased GLA is comprised of highly-desirable national and regional retailers; the Property boasts a widely recognizable tenant roster that appeals to the surrounding demographic population.

      
  •  ACTIVE LEASING VELOCITY
    Recent 10 Year Leases executed by Dick’s Sporting Goods, Kay Jewelers and Five Below. Christopher & Banks has executed a 5 Year Lease. Kay Jewelers Christopher & Banks, Rue 21 and Five Below all relocated from the nearby Upper Valley Mall to Bechtle Crossing in the last 18 months.

      
  •  STRONG OCCUPANCY WITH MINIMAL NEAR TERM ROLLOVER
    The Portfolio is currently 96.4% leased with an average remaining lease term of nearly 7.3 years, providing prospective purchasers with significant stable cash flow and minimal near-term rollover exposure.
     
     
  • STRONG DAILY TRAFFIC COUNTS
    Traffic counts on Interstate 68 adjacent to the Property exceed 29,200/AADT. Traffic counts on Bechtle Avenue and Route 41 exceed 20,700/AADT.
CONTACT INFORMATION
Paul Fedorko Antoine Matthews Brendan Bash
Vice President
+1 412 394 9856
Senior Associate
+1 614 430 5020
Financial Analyst
+1 412 394 9851
antoine.matthews@cbre.com brendan.bash@cbre.com
THIS IS A MARKETING COMMUNICATION

© 2017 CBRE, Inc. This information has been obtained from sources believed reliable. We have not verified it and make no guarantee, warranty or representation about it. Any projections, opinions, assumptions or estimates used are for example only and do not represent the current or future performance of the property. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction the suitability of the property for your needs.  

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