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In retail, the right property can make or break a company’s success. At NAI Ohio Equities, we understand the importance of location, space requirements, tax implications, and rental rates, so we can help you navigate the local market to find a space that will give your company the visibility and reach it needs. Our brokers share knowledge and resources so we know of more properties coming available and prospective tenants considering a move or additional locations.

Retail Services

Retail Market Snapshot

01The Retail vacancy rate held steady at 3.4% during the fourth quarter of 2020.

02The Retail market had positive absorption of 106,000 SF in the fourth quarter of 2020.

4th Quarter 2020

  • Demand weakened notably in 2020, with absorption falling negative in the first quarter and remaining in the red through the third. This is expected to continue through most of 2021, driving vacancy even higher, while rents adjust downward.
  • “As an accelerant, the COVID crisis pushed store closures nationwide to over 25,000 for 2020, well ahead of the 9,300 closings in 2019. E-commerce continues its upward trend while brick-and-mortar locations maintain value as a key component of retailers comprehensive strategy.” - Mike Simpson, President

Featured Retail Specialist

Mike Simpson

Mike Simpson

President

(614) 629-5236 (office)

(614) 306-1722 (mobile)

msimpson@ohioequities.com

Education: Capital University

Years Experience: 24

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Our Retail Clients

"NAI Ohio Equities has worked with Campus Partners in a various roles including acquisitions, dispositions and consulting on various projects. In two separate projects for Campus Partners, they were able to compel property owners who were previously unwilling to enter into negotiations, to sell their properties, allowing projects important to both the University and the community at large to move forward."

- Keith Myers, Associate Vice President Planning and Real Estate

"NAI Ohio Equities did a great job with our search for land to build a new Lexus service facility. Rigid requirements dictated both by state law and customer convenience narrowed the property parameters significantly, but NAI Ohio Equities persevered and gave us great options along with great expertise in the market. Additionally, they were able to negotiate a contract that gave us the time we needed to entitle the property to allow for the required zoning and street access. Over all, working with NAI Ohio Equities was a great experience."

- Rick Germain, Germain Lexus

"NAI Ohio Equities helped us find the perfect spot for a business, keeping in consideration all our needs and was persistent. They are their word and have been the most thoughtful and committed realtors I’ve ever worked with."

- Zedrick Clark

"The neighborhood needed something to cater to the nearby apartments. We really thought everyone would appreciate the change."

Yogesh Patel, Owner

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Our Retail Listings

6505 Dublin Center Drive

6505 Dublin Center Drive

Prime Dublin Retail Site and Restaurant

Prime opportunity to purchase an existing restaurant in Dublin, Ohio

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