Grove City Shopping Center

Daily Needs Anchored: Discount Drug Mart anchors the center, providing essential daily needs and driving consistent foot traffic.
Ideal Tenant Mix: Features a gym, restaurant, and hair salon for synergistic cross-traffic and service-based demand.
Recent Lease Extensions: All four tenants recently extended leases at rent increases, demonstrating seasoned tenancy.
Prime Retail Corridor: Located at signalized intersections along Stringtown Rd (±34,027 VPD), less than 1 mile from I-71 (±100,826 VPD).
Surrounded by Major Retailers: Walmart, Target, Home Depot, Kroger, Giant Eagle, and Aldi are nearby traffic drivers.
Below Replacement Cost: Offered at $155 PSF, significantly below replacement cost; annual base rent is $11.59 PSF.
Ease of Management: Only four tenants, all on NNN leases, with no lease expirations until 2028.
Strong Demographics: 3-mile average household income is $98,000; 5-mile population is 146,000 with steady growth.
Growth Market: Located in a sought-after growth pocket of the Columbus MSA, the fastest growing major metro in the Midwest.
Proximity to Major Developments: Less than 20 miles from Intel’s $28B semiconductor campus and significant investments from Amazon, Meta, Microsoft, and Google.

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