251 Alex Bell Rd Centerville, OH 45459
This exceptional investment opportunity presents Cross Pointe Shopping Center, a 125,058-square-foot retail center strategically located in the southeast quadrant of I-675 and State Route 48 in Montgomery County. The property boasts a strong tenant mix, anchored by established and reputable businesses including The Tile Shop, Rocky's Ace Hardware, and Home 2 Home, ensuring consistent cash flow and attracting a high volume of shoppers. Currently, there are two available spaces totaling 9,100 square feet, offering flexible options for expansion or new tenants. The center serves a highly desirable trade area encompassing affluent Dayton suburbs such as Centerville, Bellbrook, and Oakwood. This demographic boasts a substantial population of 104,300 residents with an impressive average household income of $117,474, indicating significant consumer spending power and a robust market for retail businesses. The property's prime location and strong anchor tenants create a compelling investment opportunity with significant potential for growth and return. The available spaces present a unique chance to capitalize on the thriving retail landscape in this affluent Dayton community. This is a rare opportunity to acquire a well-established, high-performing retail center in a prime location.
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.