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1005 E Columbus St
Kenton, OH 43326

Freestanding Former Big Kmart · Retail Property For Sale

Investment Highlights

  • Redevelopment Opportunity and Attractive Owner/User Opportunity
  • Excess land along Columbus Street provides for potential pad opportunity
  • Located next to Walmart and surrounded by other notable retailers such as Kroger, CVS, Tractor Supply Co, Family Dollar, McDonalds, and Burger King.
  • Prominent Freestanding Retail Location
  • Can be acquired for well below replacement cost
  • Great visibility and access from Morningside Dr. (3,831 VPD)and E Columbus St. (7,900 VPD)

PROPERTY FACTS

Property Type
Retail
Property Subtype
Storefront Retail/Office
Building Size
110,000 SF
Building Class
B
Year Built
1996
Tenancy
Single
Number of Floors
1
Building FAR
0.23
Lot Size
11.22 AC
Zoning
U-3 Retail Business
Parking
405 Spaces (3.68 Spaces per 1,000 SF Leased)
Frontage
757 ft on Morningside Drive

Amenities

  • Dedicated Turn Lane
  • Pylon Sign
  • Signage

About 1005 E Columbus St , Kenton, OH 43326

Colliers’ Retail Capital Markets Team is pleased to present the opportunity to acquire the former Kmart building located at the signalized intersection of Morningside Drive and E Columbus Street. The 96,066 square foot building built in 1994 is currently vacant. The Property is located in Kenton, Ohio, which is approximately 50 miles northwest of Columbus, Ohio. Surrounding retailers in the immediate vicinity include Walmart, Kroger, CVS, Tractor Supply Co, and Family Dollar. This offering is an excellent opportunity to create significant value by acquiring a vacant former Kmart building in a prominent retail location for well below replacement cost.

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
36-530055.0000
Land Assessment
£97,385
Improvements Assessment
£183,749
Total Assessment
£281,135
  • Listing ID: 18467394

  • Date on Market: 10/02/2020

  • Last Updated:

  • Address: 1005 E Columbus St, Kenton, OH 43326

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