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1110 N Bechtle Ave
1,953 SF of Retail Space Available in Springfield, OH 45504
Highlights
- Available for Owner Occupancy or Investment
- Large Signage paired with 22,000 Cars Passing Daily!
- New Roof-2024!
- Currently 1953SF Vacant and 1953SF Occupied
- Tons of Parking!
Space Availability (1)
Display Rent as
- Space
- Size
- Term
- Rent
- Service Type
Space | Size | Term | Rent | Service Type | ||
1st Floor | 1,953 SF | Negotiable | £12.12 /SF/PA £1.01 /SF/MO £130.45 /m²/PA £10.87 /m²/MO £23,668 /PA £1,972 /MO | Modified Gross |
1st Floor
Currently Vacant. New LPV flooring, 2 Private Offices. Storage. Shared Bathrooms with adjacent space. Located at 1108 N Bechtle Ave in Springfield, OH, this retail/office space with current asking rent priced reasonably at $2,500 per side per month. Updated in 2024, this space features a modern look with two shared bathrooms. With large, on-building signage and 22,000 VPD this building attracts attention from regular traffic. 30+- Parking Spaces around building
- Listed rate may not include certain utilities, building services and property expenses
- Highly Desirable End Cap Space
- Currently 1953SF Vacant
- Large Signage paired with 22,000 VPD
- Tons of Parking!
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing agent for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS FOR 1110 N Bechtle Ave , Springfield, OH 45504
Property Type | Retail | Year Built | 1964 |
Property Subtype | Storefront Retail/Office | Parking Ratio | 7.68/1,000 SF |
Gross Internal Area | 3,906 SF |
Property Type | Retail |
Property Subtype | Storefront Retail/Office |
Gross Internal Area | 3,906 SF |
Year Built | 1964 |
Parking Ratio | 7.68/1,000 SF |
About the Property
Located at 1108-1110 N Bechtle Ave in Springfield, OH, this retail/office building offers a prime investment opportunity at $450,000, with an anticipated 10% Cash on Cash Return annually. Asking Rent- $2,500 per side per month. Built in 1964 and partially renovated in 2024, the property spans 3,906 square feet on approximately 0.5 acres, providing ample space with over 30 parking spots. Partially updated in 2024, this building features a modern look with two shared bathrooms. This property boasts a strategic location suitable for retail or office use- please refer to business map on last page to review vibrant economic area. Owner installed a new roof earlier in 2024, providing long-term durability and minimal maintenance concerns. With on-building and free-standing signage and 22,000 VPD this building attracts attention from regular traffic. Currently, half of the building is vacant, offering several opportunities to interested parties. ***Owner (currently occupying as a chiropractic office) is willing to do a sale-leaseback on his half. ***Owner is willing to move to the sell entire building for someone to occupy in its entirety. Springfield, Ohio, located in Clark County, is a city rich in history and charm. Known for its blend of historic architecture and modern amenities, Springfield has deep roots in both agriculture and industry. It was once a prominent manufacturing hub in the late 19th and early 20th centuries and remains a center for business and culture in the region. Springfield is home to Wittenberg University, a well-regarded liberal arts college, which adds a youthful energy and academic influence to the city. The nearby Buck Creek State Park offers outdoor enthusiasts beautiful trails, fishing, and water activities, making it a popular spot for recreation. With a vibrant arts scene, including the Springfield Museum of Art, and a commitment to preserving its historic neighborhoods, Springfield combines small-town friendliness with a rich cultural heritage that makes it unique in southwestern Ohio.
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1110 N Bechtle Ave
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