Property profile

4227-4389 3Rd St Dayton, OH 45417

OFF-MARKET
Lifestyle centers
169,000 SF
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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

Location

4227-4389 3Rd St Dayton, OH 45417
Dayton metro
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Value estimations

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Owner & transaction history

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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