The Yoder-Harman Group is pleased to present the newly constructed, Class A, Target shadow-anchored retail strip center at 1980 N National Road in the affluent realm of Columbus, IN, to the market. This Sleep Number three-tenant center offers an excellent inflation hedge as Stanton Optical maintains 3% annual rental increases, and Sleep Number and Cricket Wireless each have 10% rental increases every 5 years. Sleep Number Corporation's 2023 revenue exceeded $1.9 billion, Corporate Stanton Optical has 273 locations in 29 states, and this Cricket Wireless relocation store is the largest authorized retailer in the US with 450+ locations.
1980 N National Road is strategically located at a hard corner across from the Target-anchored Columbus Center, ranked in the top 21% nationwide for community centers with 3.5 million annual visitors (per Placer.AI).
There is high visibility and exposure with 47,261 vehicles per day in front of the center and surrounded by 2.7 million square feet of retail within 2 miles. The retail corridor includes several top-performing tenants, including the top 2% McDonald's in the US, the top 4% Kroger in the US, the #2 Rural King in Indiana, the top 8% Wendy's in the US, the top 6% Taco Bell in the US, the top 3% Dairy Queen in the US, and the top 4% Burger King in the US.
As a City, Columbus Ranks Nationally in Many Categories: #1 US City for Manufacturers - Global Trade Magazine, #1 Metro in US for Affordability, Education & Growth Among Young Professionals - Pew Charitable Trust, #5 Top US Small Metros for Attraction & Expansion Projects - Site Selection Magazine, #1 US Small Metro for Manufacturers - Business Facilities Magazine, and #6 in US for Architectural Innovation and Design - American Institute of Architects.
Columbus is the International HQ for Cummins, Inc. with $34.1 Billion in 2023 Revenue | #129 on Fortune 500. Columbus is an Affluent Bedroom Community of Indianapolis with $89,000 AHHI within 5 Miles of the Subject Property | Columbus MSA Includes 84,000 People with a Trade Area of 180,000.
Property tours are available by appointment only. Please get in touch with the listing broker to schedule.