900 Market St Troy, OH 45373
This exceptional 93,602 square foot retail center, situated on a 7.24-acre lot in Miami County (APN D08098820), presents a compelling investment opportunity. Built in 1957, the single-story building boasts a recently renovated exterior, including a brand-new façade, roof, and parking lots. Currently, the property features a mix of established tenants, including a restaurant (redBerry), a church (Valley Church), a fitness center (Everybody Fitness), a Family Dollar, Needlers, and Timber & Bow Play Studio. A significant portion of the space, totaling 50,000 square feet, is currently vacant, offering substantial potential for expansion or lease to new tenants. The available space includes one large unit of 30,000 square feet, ideal for a variety of retail uses. This high-traffic location in Troy offers excellent visibility and accessibility, making it an attractive destination for both shoppers and businesses. The property's strong existing tenant base and significant vacant space provide a unique opportunity to capitalize on a thriving retail market. The recent renovations ensure the property is well-maintained and ready for immediate occupancy. This is a rare chance to acquire a well-positioned, established retail center with significant upside potential.
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Sherwood Shopping Center Business Service Center Corporate Office
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.