november 2013 james | bitton group property summary

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> HIGH-QUALITY RETAIL SPACE IN OHIO COLLIERS INTERNATIONAL GREATER COLUMBUS REGION Two Miranova Place, Suite 900 Columbus, OH 43215 www.colliers.com/ohio CONTACT OUR RETAIL TEAM: KEVIN JAMES, CCIM + 1 614 410 5615 [email protected] MICHA BITTON + 1 614 410 5616 [email protected] TIM MALY + 1 614 437 4565 [email protected]

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Check out quality spaces to lease and buy around Columbus and the state of Ohio. Contact Kevin James ([email protected]), Micha Bitton ([email protected]) or Tim Maly ([email protected]) for more information.

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Page 1: November 2013 James | Bitton Group Property Summary

> HIGH-QUALITY RETAIL SPACE IN OHIO

COLLIERS INTERNATIONALGREATER COLUMBUS REGION

Two Miranova Place, Suite 900Columbus, OH 43215

www.colliers.com/ohio

CONTACT OUR RETAIL TEAM:

KEVIN JAMES, CCIM+ 1 614 410 5615

[email protected]

MICHA BITTON+ 1 614 410 5616

[email protected]

TIM MALY+ 1 614 437 4565

[email protected]

Page 2: November 2013 James | Bitton Group Property Summary

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GREATER COLUMBUS

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Port ColumbusInternationalAirport

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UNIONCOUNTY

NORTH DELAWARECOUNTY

LICKINGCOUNTY

PICKAWAYCOUNTY

FAIRFIELDCOUNTY

GREATERFRANKLIN COUNTY

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Retail Submarket BoundariesGREATER COLUMBUS

COLLIERS INTERNATIONALxxxxxx Street, Suite xxxx, Columbus, OH xxxx 614 xxxx Fax xxxxxxxx www.colliers.com

Page 3: November 2013 James | Bitton Group Property Summary

WINDSOR BAY

1,800 - 57,748 SF AVAILABLE1120-1180 Countyline Road - Westerville, OHLocated in the heart of Westerville, Windsor Bay is surrounded by densely populated neighborhoods and adjacent to Westerville North High School. The center is conveniently located at the intersection of Sunbury Road and County Line Road, both heavily traveled thoroughfares for Westerville residents. Tenants include: Subway, CVS and Sears Hardware.

THE MARKET AT POLARIS

6,000 SF AVAILABLE1021 Gemini Parkway - Columbus, OHThe Market at Polaris is located less than 1 mile off I-71, at the corner of Polaris Parkway and Gemini Parkway, adjacent to the Polaris Fashion Place Mall. The Polaris area remains one of the top retail destinations in Columbus. Built in 2004, this Class A center offers an excellent tenant mix. Tenants include: Dick’s Sporting Goods, Bed Bath and Beyond, Petsmart and Rave Movie Theatre.

MORSE CENTER7,200 SF AVAILABLE2100 Morse Road - Columbus, OHThis location on Morse Road, between Cleveland Avenue and Karl Road, sits in a densely populated area with facia signage available and abundant parking. Tenants include: Big Lots (anchor), Guitar Center and Roses Department Store.

NORTH / NORTHEAST

NORTHTOWNE CENTER2200 Morse Road - Columbus, OHAnchored by Old Time Pottery, this center is located in a densely populated area on Morse Road between Cleveland Avenue and Karl Road. Pylon and facia signage are available. Tenants include: Old Time Pottery, O’Reilly Autoparts, Gold’s Gym and Aldi’sFULLY LEASED

Page 4: November 2013 James | Bitton Group Property Summary

PARKVIEW CENTER

3,122 SF AVAILABLE 640 Schrock Road - Westerville, OHParkview Center is an excellent retail shopping center at the corner of Cleveland Avenue and Schrock Road in Westerville, with easy access to I-270 and a traffic signal at the center’s entrance. The 52,884 square foot strip center offers a great mix of tenants. It is an Ideal space for any retail or office user. Tenants include: FedEx Kinko’s, Dollar General and Monte Carlo Restaurant.

925 NORTH STATE STREET

1,453 SF AVAILABLE925 North State Street - Westerville, OHSupermarket anchored center located at the northwest corner of StateRoute 3 (State Street) and Polaris Parkway in Westerville. Location provides high traffic and major retailers in close proximity. Traffic signal at entrance provides easy ingress and egress. Property is ideal for any retail, office, medical or legal business.

POLARIS DISCOUNT DRUGMART CENTER

FULLY LEASED8909-8951 S. Old State Road - Lewis Center, OHLocated just off the northeast corner of Polaris Parkway and South Old State Road. Excellent location in the Polaris retail market.

FULLY LEASED

Page 5: November 2013 James | Bitton Group Property Summary

SOUTH CAMPUS GATEWAY 1,300 - 6,000 SF AVAILABLEEast 11th Ave. - Columbus, OHThe South Campus Gateway is the premier retail project located on HighStreet adjacent to Ohio State University’s campus. This location features theUniversity’s flagship bookstore, 185 apartments, a vibrant mix of retail shops,restaurants, art galleries and offices and a 1,200-space parking garage. With foot traffic reaching 9,000 per day and 57,000 cars passing the site daily, South Campus.Tenants include: OSU Bookstore (Barnes & Noble), Gateway Film Center, 13 Restaurant (Including: Panera, Eddie George’s Grille 27, and more) locations.

THE JOSEPH

1,140 - 1,600 SF Available621 N. High St. - Columbus, OHThe Joseph offers a unique opportunity for companies looking for the finest in Class A retail space in the heart of Columbus’ Short North District. Targeted for completion in spring 2014, The Joseph creates a corridor from High Street to Goodale Park, perhaps the most treasured urban park in the city. Join Anthropologie, who just committed to a two-level 9,500 SF space.

CENTRAL

485 E. LIVINGSTON

1,247 - 5,150 SF AVAILABLE - END CAP UNIT AVAILABLE!485 E. Livingston - Columbus, OHUnique opportunity located in historic German Village area with easy access to downtown, Nationwide Children’s Hospital, I-70 and I-71. Excellent opportunity for retail, medical, office, showroom or specialty user.

RIVERSIDE CENTER2,100 SF AVAILABLE - FORMER HAIR SALON AVAILABLE!3566 - 3588 Riverside Drive - Upper Arlington, OHA former hair salon space is available at this neighborhood retail center located at the intersection of State Route 33 & Nottingham Road. Easy access to the center and plenty of parking.

Page 6: November 2013 James | Bitton Group Property Summary

BROAD STREET PLAZA EAST

1,441 - 2,738 SF AVAILABLE8070 East Broad Street - Columbus, OHLocated in Frankin County, Broad Street Plaza East is a newer retail center in the Columbus/Reynoldsburg area. The center is strategically located on Broad Street and benefits from the explosive residential growth all around.

MAIN STREET CENTER

2,811 SF AVAILABLE2906-2912 East Main Street - Columbus, OHMain Street Center is a five tenant building located across from the Bexley Post Office. The center features large pylon sign & good parking, with a daily traffic count of 18,700 cars on East Main Street. Adjacent to The Top Steakhouse, a Columbus landmark.Tenants include: Subway, Papa John’s, Check N’ Go and Derma Nail Spa.

JAMES ROAD SHOPPING CENTER

5,000 - 18,000 SF AVAILABLE901 South James Road - Columbus, OHLocated in Frankin County, James Road Shopping Center is a retail shopping center in the Main/Livingston area. The Center is strategically located on James Road, near Bexley area. Temporary storage also available.Tenants include: Family Dollar and James Road Barber Shop.

SOUTHEAST

EAST BROAD COMMONS

2,200 - 4,000 SF AVAILABLE (2 Buildings)Broad and Brice Road Intersection - Columbus, OHPrime Class A Retail Development located at the intersection of E. Broad Street and Brice Road in the heart of the Reynoldsburg/ Blacklick submarket. The property is located near a new Menards. The property offers superior visibility, frontage and access along E. Broad Street

Page 7: November 2013 James | Bitton Group Property Summary

LIVINGSTON AVE.

STATE ROUTE 256

I-70

SITE

BLACKLICK WOODS GOLF COURSE

MEDBERRY CROSSING4 ACRES LAND AVAILABLE FOR SALE1815 Lancaster Drive - Reynoldsburg, OHLocated in Franklin County, Medberry Crossing is a 4-acre, prime, commercial site in Reynoldsburg, Ohio. Located at a 5-way major intersection with traffic light.

HUNTER’S RIDGE310 South Hamilton Road - Gahanna, OHLocated in the heart of Gahanna, this property is surrounded by densely populated neighborhoods. The area has an excellent tenant mix including Pearle Vision and GNC and is shadow-anchored by a 101,000 square foot, Kroger Marketplace.

FULLY LEASED

ROSE’S CENTER2,400 - 5,400 SF AVAILABLE4632 East Main - Columbus, OHThe center is located at corner of Main St. and Hamilton Rd., withexcellent access to both I-70 and I-270. It also has over 600+ parkingspaces. Perfect for a daycare user!Nearby major retailer include: Kroger, Roses, Big Lots, US Bank, Long John’s Silver, McDonald’s and Chase Bank

GAHANNA SQUARE1,200 SF AVAILABLE70-80 N. Hamilton Road - Gahanna, OHOnly one space remaining at this prime retail center in the heart of Gahanna at the intersection of Granville St. & North Hamilton Road. Located across the street from Gahanna Lincoln High School, this center sees a large amount of traffic and has a great mix of tenants.

Page 8: November 2013 James | Bitton Group Property Summary

PICKERINGTON RUN1,398 - 1,421 SF AVAILABLE380-557 Hill Road - Pickerington, OHThis 40,987 square-foot retail center is located in Pickerington, just south of Refugee Rd. Ideally situated at a signalized intersection, the center offers heavy traffic with easy ingress and egress. Great mix of tenants currently in place.

PICKERINGTON DISCOUNT DRUG MART

1,760 - 5,280 SF AVAILABLE797 Hill Road - Pickerington, OHLocated in the heart of Pickerington, Ohio along the State Highway 256 retail corridor. This property offers excellent visibility, exposure at a traffic light, pylon signage, and ample parking.

PARK MILL RUN7,630 SF RESTAURANT AVAILABLE FOR SALE OR LEASE3799 Park Mill Run Drive - Hilliard, OhioLocated in Franklin County, Park Mill Run is an existing, free-standing restaurant building with a total of 7,630 SF. Built in 1994, the property features ample parking, an outdoor patio and some equipment may be included. This Hilliard property is near several major tenants including: Target, Home Depot, Garden Ridge and ITT Technical School. It is also in close proximity to manyrestaurants including: Carrabbas Italian Grill, Asian Express, Dave & Busters and Cheeseburger in Paradise. Easy access to Interstate - 270.

ROBERTS CROSSING1,510 - 3,200 SF AVAILABLE5445-5837 Roberts Road - Columbus, OHThis Big Lot-anchored center has excellent visibility from Roberts Road and is located in the heart of the densely populated Hilliard sub-market. It offers two access points from both Roberts Road and Hilliard-Rome Road. There are 26,834 cars per day at the intersection of Roberts Road and Hilliard-Rome Road. Move in ready 3,200 restaurant space now available!

NORTHWEST

PRICE REDUCED

Page 9: November 2013 James | Bitton Group Property Summary

SOUTHWESTWEST BROAD SQUARE

1,200 - 7,800 SF AVAILABLE FOR LEASE 4788-4980 W. Broad St. - Columbus, OHThis 67,238 square foot shopping center is conveniently located just off I-270 and 1.5 miles away from Hollywood Casino. It has a great mix of tenants and provides high traffic and major retailers in close proximity. Great entrance to the center with a traffic signal at the corner and four points of ingress and egress. It offers excellent visibility and plenty of parking. Ohio Health Doctors Hospital is located down the street.

PARK SQUARE1,600 - 4,500 SF AVAILABLE FOR LEASE OR SALE2040-2140 Stringtown Road - Grove City, OHThe property is well located within the main Grove City retail corridor, alongStringtown Road at a signalized intersection of McDowell Road. The location boasts abundant parking. Along Interstate I-71 and minutes from downtown Columbus, the submarket is a desired location for retailers looking to expand. The location is adjacent to CVS, Walgreens and Giant Eagle.

HILLIARD DISCOUNT DRUG MART

3,000 - 5,077 SF AVAILABLE5398 Roberts Road - Hilliard, OHThis former restaurant space with patio is located at the busy intersection of Roberts Road and Hilliard Rome Road aand is a great location for any restaurant of bar.

GROVE CITYDISCOUNT DRUG MART

1,517 SF AVAILABLE2332 Stringtown Road - Grove City, OHThis prime retail center, located in the heart of Grove City’s retail corridor near the I-71/I-270 interchange. Availability includes a former pizza restaurant with a hood in place and a build-to-suit parcel.

Page 10: November 2013 James | Bitton Group Property Summary

COLEMAN’S CROSSING

2,250 - 14,000 SF AVAILABLE407-770 Coleman’s Crossing Blvd. - Marysville, OHColeman’s Crossing is a power center anchored by WalMart Super-Center, Best Buy, Office Max and MC Sports. It is located in Marysville at the intersection of US 33 and US 36, approximately 30 minutes from downtown Columbus. Space is available in-line in the existing two centers. Additional leasable area can be built to accommodate big box and retail users. Out-lots of various sizes are available surrounding the existing centers. Construction beginning soon on Meijer grocery store nearby.

UNIVERSITY SHOPPES

2,000 - 4,240 SF AVAILABLE2648 Colonel Glenn Highway - Fairborn, OHThis high visibility shopping center has a traffic count of 27,700 cars per day on North Fairfield Road and 17,500 cars per day on Colonel Glenn Highway. The building was constructed in 1983, and offers an excellent mix of local and national tenants.Tenants include: FedEx, First Watch and Texas Roadhouse.

NO SPACE CURRENTLY AVAILABLE861 Hebron Road - Heath, OHSouthgate Plaza is a 85,920 square foot shopping center located along the main retail corridor of Hebron Road in Heath; just a few blocks from Indian Mound Mall. Built in 2005, it has excellent visibility with convenient access. Southgate Plaza is anchored by Best Buy and Michaels. Tenants include: Caribou Coffee, Quizno’s and Great Clips.

SOUTHGATE PLAZA

OTHER LOCATIONS IN OHIO

1,200 - 1,700 SF AVAILABLE486 492 W. Cherry St. - Sunbury, OHBig Walnut Center is located in Sunbury about 25 minutes from downtown Columbus and is anchored by DoitBest Hardware, Autoquest and Dollar General. This prime retail center offers great opportunities including in-line space, and end caps with a drive-thru and patio. An out-lot is also available for ground lease or can be built to suit.

BIG WALNUT PLAZA

FULLY LEASED

Page 11: November 2013 James | Bitton Group Property Summary

1012 WESTERN AVENUE

4,816 SF AVAILABLE FOR SALE1012 Western Avenue - Chillicothe, OHThis property is currently leased to Blockbuster on a short term lease paying $4,524 per month NNN. Investors have the opportunity to purchase the property and find a new long term tenant at market rates. This 4,816 SF free standing building is also perfect for an owner user and can be converted into a number of uses.

CHATTERTON SQUARE

Price: $1,750,000CAP Rate: 9.00%Columbus, OHThis 13,312 SF neighborhood center is currently 100% leased. Features include attractive exterior design and small bay sizes (1,200 SF) with great historical occupancy. Chatterton Square is a solid investment property in a growing suburb of Columbus. It is surrounded by newer homes.

INVESTMENT PROPERTIES

SOLD

UNDER CONTRACT

CENTER POINT PLAZA

Price/CAP Rate: Contact the team for more information!Lancaster, OHLocated in Fairfield County, Center Point Plaza is a retail center in Lancaster, Ohio. The center is anchored by Value City & Aldi’s, two of the top discount retailers in the area. Center Point Plaza is strategically located directly one of the main thoroughfares – Route 33. The center is positioned to benefit from the explosive residential growth all around with approximately 31,490 VPD on US Route 33/Memorial Drive.

Page 12: November 2013 James | Bitton Group Property Summary

FAMILY DOLLARPrice: $538,462CAP Rate: 9.75%1750 S. Main St, - Akron, OHFamily Dollar space is available for sale to qualified investors, as a single-tenant net leased investment property located in Akron, Ohio. The property is 100% leased to Family Dollar with a new seven (7) year extended lease term. Lease is guaranteed by Family Dollar, a strong BBB credit rated tenant. The property is located at the intersection of S. Main Street and Wilbeth Road, offering superior visibility and access. Traffic Count at Main and W. Waterloo (.05 miles from site) exceeds 16,900 VPD.

SEAWAY MARKET PLACE55,632 SF FOR SALECAP RATE 12%1707 Cherry Street - Toledo, OH1707 Cherry Street is a relatively new (11 years) grocery store located in a densely populated infill, located in Toledo, Ohio. The building was originally developed by Regency Realty for Farmer Jack Stores. In 2005, after Farmer Jack closed its doors at Seaway Marketplace, a local operator took over the location. The property is located in a middle to lower income area that is surrounded by residential areas. The building is in good condition and has been kept up well by the current tenant. The building is available for sale as a net leased investment.

MCDOWELL RETAIL CENTERFOR SALE 3379-3407 McDowell Road - Grove City, OHThis 8,800 SF retail center was built in 2003. The building is for sale. The location is fantastic, between Stringtown Road and Southwest Blvd and adjacent to CVS Pharmacy and Walgreens. The property also offers great signage opportunities and is currently 100% leased.

SOLD

UNDER CONTRACT

Page 13: November 2013 James | Bitton Group Property Summary

GREATER COLUMBUS REGIONTwo Miranova Place, Suite 900Columbus, OH 43215

+ 1 614 436 9800

www.colliers.com/ohio

KEVIN JAMES, CCIM+ 1 614 410 [email protected]

MICHA BITTON+ 1 614 410 [email protected]

CONT

ACT

TIM MALY+ 1 614 437 [email protected]