OfficeMax

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OfficeMax

1541 River Valley Cir N Lancaster OH Fairfield County

Sales Price: UNPRICED

Lease Expiration: 8/31/2023

Contact Person(s): Maxwell Lippitt
Daniel Kukes
Jason Greenspan

Description:

HIGH PROFILE RETAIL CORRIDOR:

  • Subject Property sits in the middle of Lancaster’s main retail corridor surrounded by national retailers such as Lowe’s, Meijer, Target, Dick’s, Walmart, Aldi, Best Buy, Giant Eagle, Hobby Lobby, Kroger, Etc.

STRONG TENANCY:

  • OfficeMax is a fully owned subsidiary of the ODP Corporation (Nasdaq: ODP), which was formed after OfficeMax’s merger with Office Depot. The Company has combined annual sales of approximately $11B and employees over 38,000 people at 1,400 retail locations.

LONG STANDING HISTORY AT LOCATION:

  • OfficeMax has been successfully operating at this building since 1998 and has executed numerous lease renewals.

Building Size: 23,484 SF

Lot Size: 3.24 AC

Demographic Info:

Radius: 1 Mile 3 Mile 5 Mile
Population Density: 7,686 38,702 51,909
Avg. HH Income: $60,710 $64,606 $68,990
Daytime Population: 5,108 18,453 21,925

LANDMARK INVESTMENT SALES – Licensed Real Estate Brokers. The information above has been obtained from sources believed reliable. While we do not doubt its accuracy, we have not verified it and make no guarantee, warranty or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates are used for example only and do not represent the current or future performance of the property. The value of this transaction to you depends on tax and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, independent investigation of the property to determine to your satisfaction, the suitability of the property for your needs.