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32852134
32852056

935 South South Street, Wilmington, OH 45177

FS
OH Ohio
Carnegie Companies, Inc
Listed by Carnegie Companies, Inc
Unpriced
13 days on market
Updated 12 days ago
Opportunity zone

King Commons Shopping Center

Details
Property Type Retail, Office (+1)
Sub Type Shopping Center, Traditional Office
Square Footage 59,573
Net Rentable (SqFt) 59,573
Units 377
Occupancy 97%
Tenancy Multi
Lease Type NNN
Class C
Year Built 1977
Year Renovated 2003
Buildings 1
Acreage 7.750
Investment Type Value Add
Tenant Credit Credit Rated, Franchisee (+1)
Ground Lease No
Sale Condition For sale by owner

Opportunity Zone and only retail center near Wilmington Air Park!

Marketing description

King Commons Shopping Center at 935 S. South Street, Wilmington, Ohio 45177 offers a prime opportunity to position your business along high-visibility US 68 in one of Wilmington’s established retail corridors. This 59,973 SF neighborhood shopping center features strong co-tenancy, ample parking, and pylon signage availability for outstanding exposure. Available suites include a 1,600 SF former salon at 989 S. South Street, ideal for boutique retail, personal services, or office users, offered at below-market lease rates of $12.00 PSF + $2.74 NNN. Also available is a 13,293 SF former behavioral health/office space at 953 S. South Street, priced at $14.00 PSF + $2.74 NNN, with new carpet and paint selected by tenant from landlord’s standards. Surrounded by national and regional retailers and supported by solid area demographics, King Commons delivers convenience, visibility, and value in one location. With population counts reaching 17,972 within 5 miles and average household incomes up to $93,046, this center is well-positioned for retailers, service providers, and office users seeking an affordable, strategic Wilmington address.

Investment highlights

This is the only retail/office property on this side of Wilmington.

Many established long-term tenants occupy the center.

In close proximity to the Wilmington Air Park (home to 12 companies and 4,000 employees).

Opportunity Zone which provides incentives for investors to channel capital while offering tax deferral, potential basis increases, and tax-free growth on long-term investments.

Listing Contacts

FS
OH Ohio
Carnegie Companies, Inc
Listed by Carnegie Companies, Inc

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Additional Information

Name
Fred Scalese
License
Ohio
Brokerage
None
Title
Solon
Brokerage Address
6190 Cochran Road
*All information is deemed reliable but not guaranteed. Buyer to verify all information.
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