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    1225 Ash St Piqua, OH 45356

    For Lease
    $22 SF/Yr ($18,000 /Mo)

    1,200 SF Retail Space Available

    Lot size:
    9,600 SF

    Description

    Added:
    Dec 11, 2024
    Days on Market:
    361
    This Class A, 9,600 square foot retail strip center, built in 2005 and renovated in 2010, is located at 1225 E Ash St, Piqua, OH 45356, in Miami County. The property features seven suites, with one vacant suite totaling 1,200 square feet, representing the minimum and maximum contiguous space available. The entire center sits on a 1.23-acre lot and offers ample parking with 61 spaces. This high-traffic location benefits from its proximity to popular chain stores and is less than a mile from the recently approved $600 million Piqua Grand Casino project, replacing the Piqua Mall. The property is ideally positioned between two anchor tenants. The vacant suite is currently built out as a storefront retail space, but build-out options are available for prospective tenants. The single-story building offers a convenient and accessible retail space.

    Property Features for 1225 Ash St

    General Information

    Property type
    Neighborhood centers
    Lease Type
    Gross Lease
    RSF (Rentable sq. ft)
    9,600 SF
    Class
    A
    Total Rate
    18000

    Building Details

    Year Built/Renovated
    2005/2010
    Buildings
    1
    Stories
    1

    Unit(s) available at that property

    Space
    Suite 1227
    Size
    1,200 SF
    Rate per SF
    $22

    HighLights

    • 9,600 SF Building Size
    • 1.23‑Acre Lot
    • Built in 2005, Remodeled in 2010
    • 61 Parking Spaces
    Property Profile Location Intelligence

    Current Use by Public Records

    Subway Sandwich Shop

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Nail Salon

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

    Location Insight

    • Map
    • Local Demand
    City
    Piqua
    County
    Miami
    State
    Ohio
    Longitude
    -84.213780376646
    Latitude
    40.150577521585

    Nearby Similar for Lease

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      Retail Space in Miami Valley

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      Retail Space in Miami Valley

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    FAQs

    What type of property is this?
    Neighborhood center - 1,200 SF Retail Space Available
    Where is this neighborhood center located?
    The property is located at 1225 Ash St Piqua, OH.
    What is the lease rate?
    The lease rate is $22 SF/Yr.
    What are key features of this property?
    This property features: 9,600 SF Building Size; 1.23-Acre Lot; Built in 2005, Remodeled in 2010
    Request Owner's contact information
    1225 Ash St Piqua, OH 45356
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    Piqua, OH 45356
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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
    1225 Ash St Piqua, OH 45356
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