Exclusively Listed in association with Brian Brockman | OH License No. BRK.2009000214
We are pleased to offer qualified investors the opportunity to acquire a corporate guaranteed, single-tenant retail asset located at 1541 River Valley Cir N in Columbus
(Lancaster), Ohio. This property has been a longstanding retail location since 1998. The lease is backed by OfficeMax North America, Inc.
Strategically positioned as an outparcel to River Valley Mall, this location benefits from exceptional visibility and a high-traffic retail environment. The surrounding area is anchored by an impressive lineup of national retailers, including Lowe’s, Meijer, Target, Dick’s Sporting Goods, Walmart, Aldi, Best Buy, Giant Eagle, Hobby Lobby, and Kroger, solidifying its position within a well-established retail corridor.
The property is leased on a NN structure with minimal landlord responsibilities, offering steady and predictable cash flow with over three years of remaining lease
term. Investors will benefit from built-in rental growth, with a 9.75% rent increase scheduled for September 2026, followed by an 11.6% escalation in September 2028 when the tenant exercises its last five-year renewal option. With a competitive price well below replacement cost, this asset presents an
attractive investment opportunity, delivering strong cash flow, tax advantages, and future upside potential. This is a rare chance to acquire a stable, income-producing
property in a thriving retail market with minimal management responsibilities and significant rental growth.