324 Bluebell DrNew Philadelphia, OH 44663

This exceptional 62,088 square foot shopping center in New Philadelphia, Ohio, presents a compelling investment opportunity. Located at 324 Bluebell Dr NW, 44663, this multi-tenant retail property boasts a 96.78% occupancy rate and a strong net operating income (NOI) of $403,219. The center features a diverse mix of seven national tenants, including Dollar General, Big Lots, GameStop, Rent-A-Center, and Advance America. Big Lots, Dollar General, and Rent-A-Center contribute significantly to the NOI, with leases extending into 2027/2028. The property benefits from its strategic location, shadow-anchored by regional draw magnets Walmart and Menards, ensuring consistent customer traffic. Further enhancing its appeal, the center is adjacent to a complementary shopping center anchored by Tractor Supply, Dollar Tree, Goodwill, and Planet Fitness, creating a synergistic retail environment. Built in phases (1981 and 2002), the property sits on a 6.2-acre lot and is zoned for commercial use. Current rents are below market value, and the center is projected to trade below its replacement cost, offering significant upside potential for investors. This well-positioned, stable investment presents a rare opportunity to acquire a high-performing retail asset in a thriving market.