BANQUET FACILITY & 11-HOLE GOLF COURSE

FOR SALE

Skip Weilerskip@rweiler.com

10 N. High St. Suite 401 Columbus, Ohio 43215

614-221-4286www.rweiler.com

1940 Little Bear LoopLewis Center, Ohio 43035

Little Bear Golf Course & Banquet Facility 99-Year Renewable Ground Lease

Property DescriptionBANQUET FACILITY & 11 - HOLE GOLF COURSE IN ORANGE TOWNSHIP!

33 +/- acre property between Powell Rd and Orange Rd that features a bar and grille, fitness center, spa/massage, ballroom and media/movie room. Owner is selling the leasehold of the 99-year renewable ground lease and assets.

Opened in 2007 Little Bear Golf Club is a daily fee course located in Lewis Center. Property features an 11-hole public golf course on hybrid grass with 22 sand traps, more than 1,000 trees, three lakes and a stone waterfall surrounded by walking/bike trails. In addition to the luscious grounds, there is a 14,000 +/- SF banquet facility with walkout & balcony

overlooking the course. Development text available upon request. Certain restrictions apply per Orange Township. D5 Liquor license available for transfer.

Address: 1940 Little Bear Loop Lewis Center, OH 43035County: DelawareTownship: OrangePID: 318-314-01-007-005 318-314-19-001-000Location: Off S. Old State Rd between E. Powell Rd & E. Orange RdBuilding Size: 14,000 +/-SFYear Built: 2006 Acreage: 33 +/- acSale Price: $1,100,000 as-is & includes equipment (list available upon request)Zoning: SF-PRD Single Family Planned Residential District (Restricted use to Golf and Banquet Facility)*Fees from homeowners: 92 homes: $80/mo. = $88,320/yr. 54 condos: $80/mo. = $51,840/yr.Yearly Total Fee: $140,160 ~ 70% goes to Little Bear for use of fitness area & golf course amenities by residents.

Photos

Main Entrance Main Entrance

11th Hole WalkwayExterior West Facade Exterior & Course

Upper Deck

Banquet Area Banquet Area Restrooms Bar & Grill Seating

Bar & Grill Barback Bar & Grill Kitchen Bar & Grill Kitchen

Photos

Fitness Reception Fitness Gym

Pro Shop Reception Pro Shop Pro Shop Wall Decor

Restroom - Shower Hallway Restroom Shower Off Gym

Fitness Gym

Fitness Gym Fitness Gym Lower Walkout Patio

Building Sketch

Property Location

Great Location!10 minutes north of Polaris Mall (2.3 miles)

7 minutes south of Alum Creek State Park (3.7 miles)

Less than 2 miles to NorthPointe Retail Plaza

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NorthPointe Plaza

Polaris Fashion Place

Alum Creek State Park Beach

Alum Creek

Lake

Aerial & Plat Maps

Street Maps

Zoning Map

Click here to see zoning text

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https://orangetwp.org/DocumentCenter/View/2168

Flood Map

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Demographics & Traffic

LEWIS CENTER CO

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UNITY PROFILE

Lewis Center is an unincorporated community in northwestern Orange Town-ship, Delaware County, Ohio, United States, located between Columbus and Delaware. Its ZIP code is 43035. Although Lewis Center is a small community, its ZIP code encompasses a number of shopping centers and retail establishments that line U.S. Route 23 in the nearby vicinity. The Lewis Center area lies on the east side of the Olentangy River, across from the city of Powell, west of Alum Creek State Park and north of the Polaris shopping hub.

Living in Lewis CenterLewis Center is a medium-sized town located in the state of Ohio. With a pop-ulation of 29,257 people and four constituent neighborhoods, Lewis Center is the 61st largest community in Ohio. Much of the housing stock in Lewis Center was built relatively recently. The construction of new real estate can often be taken as an indication that the local Lewis Center economy is robust, and that jobs or other amenities are attracting an infl ux of new residents. This seems to be the case in Lewis Center, where the average household income is $125,542.

Neighborhood - Polaris Fashion PlacePolaris Fashion Place located south of Lewis Center, is central Ohio’s premier re-tail destination, features a distinctive mix of fashion retailers and anchors, many of which have their only Columbus store at this location. The center caters to a growing, affl uent shopper base with an unparalleled selection of services and amenities including valet parking with remote retrieval, stunning architecture, full-service restaurants, a 775-seat food court and one of central Ohio’s largest children’s soft play areas. Glimcher has opened a magnifi cent 155,000-square-foot outdoor redevelopment, masterfully designed to the level of its indoor offering.• 1.4 million Square Feet• Over $80,000 Average Household Income• 164,600 Daytime Population in 5 Miles

Age Distributi on

Polaris Trade Area Fast Facts• 4 Million Square Feet of Offi ce in Immediate Area – Over 40,000 Employed• MSA includes 6 counties with a total population of 2 million• Home to Chase Bank Corporate Center, a 1.9M Square Foot facility with

over 8,000 employees• Two Dedicated Exits off I-71 Interchange (132,000+ VPD)• Car Counts in Excess of 70,000 Vehicles Per Day at Major Intersections• Located in Delaware County, the State’s Fastest Growing County, the Na-

tion’s 26th Wealthiest County.

Employment Industries

Welcome to Lewis Center

Income

City Highlights

9FACTBOOK

delaware county

EMPLOYMENT BY INDUSTRY

DEMOGRAPHICS

196,463RESIDENTS

37.8MEDIAN AGE

65,648HOUSEHOLDS

$91,955MEDIAN HOUSEHOLD INCOME

COLUMBUS REGION EMPLOYMENT BY INDUSTRY

Construction and Mining

4%7%

3%

14%

3%

7%

24%

10%

16%

3%

9%Manufacturing

Wholesale Trade

Retail Trade

Transportation and Utilities

Financial Activities

Professional and Business Services

Education and Health

Leisure and Hospitality

Other Services

Government

WORKFORCE

3.5% UNEMPLOYMENT RATEDELAWARE COUNTY

0 10 20 30 40 50 60

BacBachelorAssociate USAssociate

% 25+ WITH ASSOCIATE DEGREE

OR HIGHER

% 25+ WITH BACHELOR’S DEGREE

OR HIGHER

Delaware County

U.S.Average

30.6%

38.8%

58.5%

51.8%

Source: U.S. Census Bureau, 2016 Population Estimates; U.S. Census Bureau, American Community Survey 2015; EMSI, 2017; Bureau of Labor Statistics, LAUS, seasonally adjusted by Columbus 2020 (2016 average)

COMPANY FTE OPERATIONSJPMorgan Chase & Co. 10,197 Financial services back office, software development, data center

The Kroger Co. 800 Great Lakes distribution center of supermarket retailer

DHL Supply Chain 744 Americas HQ, logistics services

American Showa Inc. 560 Manufacturing and R&D of shock absorbers and power steering systems

Vertiv Co. 550 HQ, manufacturing of power equipment for industrial and data centers

McGraw-Hill Education 500 Distribution of educational publications, development of digital learning products

Optum 500 Insurance and workers compensation office

Advanced Auto Parts, Inc. 406 Auto parts distribution

PPG Industries, Inc. 359 Paint and resins manufacturing, R&D

JEGS High Performance 350 HQ and distribution of auto and truck parts

LARGEST PRIVATE SECTOR EMPLOYERS

County Highlights

Marion County

KnoxCounty

Logan County

CLEVELAND

DETROIT

INDIANAPOLIS

CHICAGO

LOUISVILLE

PITTSBURGH

CINCINNATI

ATLANTA

ST. LOUIS

80

75

9080

90

64

70

80

71

COLUMBUS 70

77

77

64

75

65

40

250 miles 400 km

500 miles 800 km

RICHMOND

TORONTO

MATT McCOLLISTERVice President, Economic Development150 South Front ST, Suite 200Columbus, OH 43215

Phone: (614)225.6953Email: mm@columbusregion.com

COLUMBUS ECONOMIC MARKET

D

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I

K

HJF

A

N

O

E

B C

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FORTUNE 1000 HEADQUARTERS

A – Scotts Miracle-Gro Co.B – PacerC – Cardinal HealthD – Worthington IndustriesE – Mettler-Toledo International, Inc.F – Big LotsG – Huntington BancsharesH – Hexion Specialty Chemicals/Momentive Performance Materials

I – Bob Evans Farms J – Retail Ventures Inc.K – American Electric PowerL – NationwideM – Limited BrandsN – Abercrombie & FitchO – Greif

Market Highlights

This confidential Offering memorandum has been prepared by The Robert Weiler Company for use by a limited number of parties whose sole purpose is to evaluate the possible purchase of the subject property. This Memorandum has been prepared to provide summary, unverified information to prospective purchasers, and to establish only a preliminary level of interest in the subject property. The information contained herein is not a substitute for a thorough due diligence investigation.

The information contained in the Memorandum has been obtained from sources we believe to be reliable. While we do not doubt its accuracy, we have not verified it and make no guar-antee, warranty, or representation about it. It is your responsibility to independently confirm its accuracy and completeness. Any projections, opinions, assumptions or estimates used, are for example only, and do not represent the current or future performance of the property. The value of this transaction to you depends on taxes and other factors which should be evaluated by your tax, financial and legal advisors. You and your advisors should conduct a careful, inde-pendent investigation of the property for your needs. All potential buyers must take appropri-ate measures to verify all of the information set forth herein. Both The Robert Weiler company and the Owner disclaim any responsibility for inaccuracies and expect prospective purchasers to exercise independent due diligence in verifying all such information. The contained informa-tion is subject to change at any time and without notice. The recipient of the Memorandum shall not look to the Owner or The Robert Weiler Company for the accuracy of completeness of the Memorandum.

A prospective purchaser must make its own independent investigations, projections, and con-clusions regarding the acquisition of the property without reliance on this Memorandum or any other Confidential information, written or verbal, from the Broker or the Seller. The Owner expressly reserves the right, at its sole discretion, to reject any offer to purchase the property or to terminate any negotiations with any party, at any time, with or without written notice. Only a fully-executed Real Estate Purchase Agreement , approved by Seller, shall bind the prop-erty. Each prospective purchaser and /or broker proceeds at its own risk.

Offering Memorandum