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8070 E Broad Street, Reynoldsburg, OH, 43068

BROAD STREET PLAZA EAST
Closed

Key Information

Type
Shopping Centers
Occupancy
92%
Leasable Area
55,946

Highlights

  • Target & Meijer shadowed, Ross Dress for Less anchored center | 55,946 SF – 92% leased | Ross Dress for Less, Skechers, and Pet Supplies Plus comprise 65% of rental income

    Broad Street Plaza East is a 55,946 SF market-dominant center shadow-anchored by Target and Meijer. It features desirable national retailers such as Ross Dress for Less, Skechers, and Pet Supplies Plus, alongside a diverse mix of synergistic small shop tenants.

  • Strong leasing momentum | Weighted average lease term (WALT) of 6 years

    Brand new 10-year leases were signed with Ross Dress for Less and Skechers since 2023. A new 7-year lease with Sugar Rush for relocation and expansion was executed in 2024, along with a recent 3-year lease signed with Table Top Games and a 3-year extension with CosmoProf in 2025.

  • Immediate opportunity to increase cash flow | 4,209 SF vacancy – 1 unit

    At 92% leased with a 4,209 SF vacancy, this second-generation unit presents an immediate opportunity to increase cash flow and add value through lease-up.

  • Recent investment from Target to remodel this corporately owned location

    Target recently completed a full remodel of this corporately owned location, underscoring their commitment to the store and the growing submarket.

  • Ideal location in the heart of the retail corridor | Multiple signalized intersections

    The property is strategically positioned in the heart of the E Broad St retail corridor (±26,200 VPD), offering excellent visibility and accessibility with multiple signalized intersections.

  • Desirable, dense demographics | Primely positioned in the Columbus MSA | Fastest growing major metro in the Midwest

    The 3-mile population is approximately 70,000, the 5-mile population nearly 150,000, with an average household income around $95,000 within 5 miles.

  • Less than 20 minutes from “Silicon Heartland” – Intel’s new $28B semiconductor manufacturing campus

    Intel is investing $28 billion to build two advanced semiconductor manufacturing plants in New Albany, Ohio, within the Ohio One International Business Park, spanning nearly 1,000 acres. The first plant is expected to be operational in 2030 or 2031, with the second following in 2032. The project is anticipated to create approximately 3,000 new full-time jobs.

  • Sits directly across the street from Victoria’s Secret corporate HQ | Nearby massive investments from several Fortune 100 companies

Photos

Location

Agents

Broker of Record

Matt Wallace

License # REC.2022007141 (OH)
Matthews Real Estate Investment Services, Inc
950 Main Ave., Suite 510, Cleveland, OH 44113