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    OFF-MARKET
    Lifestyle centers

    4227-4389 3Rd St, Dayton, OH 45417

    169,000 SF
    Property ID
    Property summary
    AI-generated overview

    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 profile
    Verified
    Property type Lifestyle centers
    Total area 169,000 SF
    Cap rate & NOI
    Priority signal for investors
    Implied cap rate, NOI & suggested price
    Cap rate vs submarket · NOI estimate · 3 price anchors
    Implied cap rate, NOI & suggested price
    Cap vs submarket · NOI estimate · 3 price anchors
    Value estimations
    Realmo proprietary · 4 methods
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    Owner & transaction history
    Owner on record
    Zoning & alternative use
    Permitted uses
    Permitted uses
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