Shopping Neighborhood
King Commons Value-Add Shopping Center | Cincinnati MSA | Auction Starts Oct. 7th
935 S South St, Wilmington, OH 45177
Starting Bid: $950,000
Gross SF
59,573
Rentable SF
59,573
Price/Gross SF
$15.95
Lot Size
7.33 acres
Year Built
1977
Auction Type
Reserve
Auction Start Date
Oct 7, 2024
Auction End Date
Oct 10, 2024
Investment Overview
Marcus & Millichap is pleased to bring to auction King Commons Shopping Center located in Wilmington, OH.
King Commons Value-Add Shopping Center | Cincinnati MSA | Auction Starts Oct. 7th
Investment Highlights
- 59,573 SF Multi-Tenant Shopping Center Available for Auction
- 54.88% Occupied by a Strong Tenant Mix of Retail and Service Tenants Including Dollar General & Solutions (State Funded Mental Health Counseling)
- Anchor Tenants, Dollar General & Solutions Have Over 15-Years of Historical Occupancy and Recently Renewed Leases
- Out Lot Development Opportunity Included in the Sale, Ask Agent About QSR Leads | Two Vacant Suites, Totaling 26,880 SF | Property Sits on a 7+ Acre Lot With 651 Parking Spaces
- Property Features Three Points of Ingress and Egress With Signalized Intersection Along S Street and Excellent Visibility, Seeing 10,400+ Vehicles Per Day
- Adjacent to Wilmington Air Park Commercial Airport and Wilmington National Weather Service Station
- Near U.S. Route 22 Leading into Cincinnati with over 24,093 Vehicles Per Day
- 50 Miles From Downtown Cincinnati and 35 Miles From Downtown Dayton | Wilmington is Part of the Greater Cincinnati Metropolitan Area
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
Shopping Neighborhood
King Commons Value-Add Shopping Center | Cincinnati MSA | Auction Starts Oct. 7th
Starting Bid: $950,000
Gross SF
59,573
Rentable SF
59,573
Price/Gross SF
$15.95
Lot Size
7.33 acres
Year Built
1977
Auction Type
Reserve
Auction Start Date
Oct 7, 2024
Auction End Date
Oct 10, 2024
Investment Highlights
- 59,573 SF Multi-Tenant Shopping Center Available for Auction
- 54.88% Occupied by a Strong Tenant Mix of Retail and Service Tenants Including Dollar General & Solutions (State Funded Mental Health Counseling)
- Anchor Tenants, Dollar General & Solutions Have Over 15-Years of Historical Occupancy and Recently Renewed Leases
- Out Lot Development Opportunity Included in the Sale, Ask Agent About QSR Leads | Two Vacant Suites, Totaling 26,880 SF | Property Sits on a 7+ Acre Lot With 651 Parking Spaces
- Property Features Three Points of Ingress and Egress With Signalized Intersection Along S Street and Excellent Visibility, Seeing 10,400+ Vehicles Per Day
- Adjacent to Wilmington Air Park Commercial Airport and Wilmington National Weather Service Station
- Near U.S. Route 22 Leading into Cincinnati with over 24,093 Vehicles Per Day
- 50 Miles From Downtown Cincinnati and 35 Miles From Downtown Dayton | Wilmington is Part of the Greater Cincinnati Metropolitan Area
Investment Overview
Marcus & Millichap is pleased to bring to auction King Commons Shopping Center located in Wilmington, OH.
Exclusively Listed By
Broker of Record
-
Michael L. Glass
Senior Vice President / Division Manager
Financing By
To view property details and documents, sign up for a free MyMMI account.
Explore exclusive listings, access research insights, and set up automated alerts for a personalized experience. Sign up now to elevate your property search.
