4227-4389 3Rd St, Dayton, OH 45417
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.
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.