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Property profile & analytics
OFF-MARKET
Lifestyle centers

251 Alex Bell Rd Centerville, OH 45459

125,058 SF
Property ID
Property summary
AI-generated overview

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.

Property profile
Verified
Property type Lifestyle centers
Total area 125,058 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
Allowed · conditional · prohibited
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