Downtowner Plaza | Value-Add National Anchored Shopping Center | Coshocton, OH

Investment Highlights

• +/-254,980-square-foot shopping center anchored by Tractor Supply Company and Big Lots
• Four (4) multi-tenant retail strip center buildings occupied by national, regional, and local tenants
• Sale includes single-tenant Hardee’s and Advance Auto Parts, along with +/-4.00 acres of land for new development
• Significant value-add component through lease up of +/-73,904 existing square feet and new development opportunities
• National and regional tenants account for 74% of the existing tenancy and 72% of the rental income.
• The property serves as the main commercial hub for the entire Coshocton County and is the largest shopping center within a +/-25-mile radius
• Located along Ohio State Route 16 (OH-16) connecting I-77 to Columbus

Please Contact the Avid Commercial Real Estate team to schedule a tour.

Property Overview

Downtowner Plaza is a +/-254,980-rentable-square-foot, multi-building shopping center located at 499 S. 2nd Street in Coshocton Ohio. Constructed in 1968, and renovated in 1991, the center is comprised of one (1) singlestory inline shopping center building, four (4) single-story inline multitenant retail strip buildings, three (3) single-tenant retail buildings, and approximately four (4.00) acres of vacant land for new development. In total, the entire property is made up of 31 retail units ranging in size from 45,128 to 700 square feet. There are a total of 15 units available for lease, totaling +/- 73,904 rentable square feet. Currently 71% occupied, 34 units are occupied by established national, retail, and local companies, such as Tractor Supply, Big Lots, Rent-A-Center, Advance Auto, Hardee’s, Subway, Interim Healthcare, Edward Jones, H&R Block, and many more.

The site offers ample parking, with +/-1,200 parking spaces at a ratio of +/-4.71 spaces per 1,000 square feet. The property is positioned with approximately 1,000 feet of frontage on the west side of South 2nd Street and about 300 feet of frontage on the south side of Mulberry Street. It is located just a half-mile from the OH-16 interchange; OH-16 is the main corridor connecting Columbus to I-77, which runs from Cleveland, Ohio to Columbia, South Carolina. Lastly, the property is located approximately 63 miles north east of Columbus and 100 miles west of Pittsburgh.