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    4227-4389 3Rd St Dayton, OH 45417

    Sponsored
    For Lease
    Contact for pricing

    Prime Dayton Retail Space Available

    Lot size:
    169,000 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    392
    Westown Shopping Center, a prominent retail center in West Dayton, Ohio, offers exceptional opportunities for businesses seeking high-visibility locations. This single-story shopping center totals 169,000 square feet and sits on a 0.6-acre lot at 4227-4389 W Third St, Dayton, OH 45417, near the intersection of W Third St and Elmhurst in Montgomery County. The center boasts a strong tenant mix, including CVS, Oak Street Health, Family Dollar, and the Montgomery County Employment Opportunity Center. Currently, 4,400 square feet of space is immediately available, suitable for a variety of retail uses. Additionally, a former bank building offering 4,400 square feet plus a finished lower level is available. For larger businesses, in-line spaces ranging from 7,500 to 13,800 square feet are also available. Alternatively, a 0.6-acre outparcel is available for ground lease or build-to-suit opportunities. The property benefits from its strategic location, just two minutes from the Wright Brothers factory Campus, a 54-acre redevelopment project encompassing a public library, a future 50,000 square foot business incubator, museum, and green space. This prime location ensures high foot traffic and excellent visibility within a densely populated area of West Dayton. Minimum divisible space is 4,400 square feet, with a maximum contiguous space of 13,800 square feet.

    Property Features for 4227-4389 3Rd St

    General Information

    Property type
    Lifestyle centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    169,000 SF

    Building Details

    Stories
    1

    Unit(s) available at that property

    Space
    4233
    Size
    3,600 SF
    Space
    Unit 4287
    Size
    7,500 SF
    Space
    Unit 4279
    Size
    6,300 SF
    Space
    Unit 4255
    Size
    21,000 SF
    Space
    Unit 4389
    Size
    26,136 SF

    HighLights

    • 0.6‑acre outparcel available for ground lease or build‑to‑suit.
    • High‑traffic location: Dayton's second busiest transit hub, servicing over 3.1 million riders annually.
    • Densely populated trade area: Over 128,000 residents within a 5‑mile radius.
    • High vehicle traffic: 37,200 vehicles per day (13,000 on W. Third St; 24,200 on Gettysburg Ave).
    • Junior anchor space available: 6,300 - 13,800 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Lifestyle centers

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Dayton
    County
    Montgomery
    State
    Ohio
    Longitude
    -84.2560776
    Latitude
    39.7489904

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    FAQs

    What type of property is this?
    Lifestyle center - Prime Dayton Retail Space Available
    Where is this lifestyle center located?
    The property is located at 4227-4389 3Rd St Dayton, OH.
    What are key features of this property?
    This property features: 0.6-acre outparcel available for ground lease or build-to-suit.; High-traffic location: Dayton's second busiest transit hub, servicing over 3.1 million riders annually.; Densely populated trade area: Over 128,000 residents within a 5-mile radius.
    Request Owner's contact information
    4227-4389 3Rd St Dayton, OH 45417
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    4227-4389 3Rd St Dayton, OH 45417
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