251 Alex Bell Rd Centerville, OH 45459
- Lifestyle centers
- 125,058 SF
Current Use by Public Records
- Rocky's Ace Hardware / Hardware Store / Home Improvement Store
- Resharp / Sharpening Service
Property Details for 251 Alex Bell Rd
- Property size
- 125,058 SF
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
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.
Value Estimation
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CAP approach
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Comparable approach
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Centerville
- County
- Montgomery
- State
- Ohio
- Longitude
- -84.15
- Latitude
- 39.6458
