GROCERY ANCHORED SHOPPING CENTER

Groveport Plaza is a 104,216 SF shopping center located just 15 minutes from downtown Columbus, Ohio. Anchored by a high-performing Kroger, this center benefits from excellent visibility and accessibility plus convenient parking.

HIGH VOLUME KROGER & FUEL CENTER

The Kroger at Groveport Plaza is a consistently high-performing store, generating strong annual sales and serving as a reliable anchor for the center. The property is further enhanced by an on-site 8-pump Kroger Fuel Center, offering added convenience that drives repeat visits and strengthens overall customer loyalty.

INVESTMENT GRADE TENANT

Kroger (NYSE: KR) operates under twelve different banners, including Kroger Marketplace, Food 4 Less, Smith’s, and Ralphs. The Kroger Company encompasses over 2,730 stores and 1,702 fuel centers across 35 states. With an S&P rating of BBB, Kroger stands as one of the Midwest’s most successful and reliable grocery chains. Kroger's rent accounts for 36% of the center's rental income.

±10 MINUTES FROM ANDURIL'S NEW ARSENAL-1 FACILITY

Anduril, a global leader in autonomous systems and advanced defense manufacturing, has chosen the Columbus region for its first hyperscale production campus, Arsenal-1. The project, located ±10 minutes from Groveport Plaza, is expected to generate approximately 4,000 direct jobs and drive substantial housing, retail, and industrial growth throughout the Groveport area, further enhancing long-term demand drivers for the market.

STRONG IN-PLACE CASH FLOW & VALUE-ADD UPSIDE WITH +9.00% YIELD POTENTIAL

Groveport Plaza presents an exceptional opportunity to acquire a premier retail asset anchored by a high-performing Kroger, delivering stable in-place cash flow with the ability to drive yields above 9.00%. In addition to the security of a top-tier grocer, the property offers meaningful value-creation potential through mark-to-market rent adjustments and the lease-up of 6,496 SF of vacant space, providing investors with both immediate income strength and compelling upside.

ESTABLISHED DEMOGRAPHIC & BUSINESS BASE

The surrounding trade area is backed by a solid demographic foundation, with 92,141 residents and 36,132 households within a five-mile radius. Complementing this population base is a thriving business community of over 2,368 companies, generating both strong daytime activity and consistent residential demand.

PRIME LOGISTICS LOCATION

Groveport has established itself as one of the premier logistics hubs within the Columbus MSA, driven by robust e-commerce growth and expanding distribution activity. Groveport Plaza benefits from its proximity to the Rickenbacker Inland Port - a world-class multimodal logistics complex anchored by Rickenbacker International Airport. The Rickenbacker area supports tens of thousands of jobs in warehousing, transportation, logistics, and manufacturing, and contributes billions of dollars in annual economic output to the Central Ohio region.

IMPECCABLY MAINTAINED ASSET

This property showcases exceptional owner stewardship and has been meticulously maintained. Kroger is responsible for self-maintaining its roof, HVAC, and the majority of the center's parking area, ensuring a well-cared-for, turnkey asset.