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Property profile & analytics
OFF-MARKET
Neighborhood centers

1555 Covington Ave Piqua, OH 45356

16,104 SF Built 1972
Property ID
Property summary
AI-generated overview

Covington Plaza, a single-story, 16,104 square foot retail strip center, presents a compelling investment opportunity in Piqua, Ohio. Built in 1972, this established center boasts seven suites and enjoys a high-traffic location at the southeast corner of SR 36 (Covington Avenue) and Sunset Drive. Currently, the center houses a diverse mix of established tenants including Hothead Burrito, Cassano's Pizza, Sundown Tan, Subway, and Speedway Gas, ensuring a consistent stream of customer traffic. One suite, measuring 3,797 square feet, is currently available for lease. The center's strategic placement directly across from a large 65,000 square foot Kroger grocery store, and other national retailers, further enhances its visibility and accessibility. This prime location within a thriving neighborhood makes Covington Plaza an attractive destination for both shoppers and businesses. The property's strong tenant occupancy and desirable location make it an ideal investment for those seeking a stable and profitable retail asset in a well-established market. The single building structure simplifies management and maintenance, offering a straightforward investment opportunity with significant potential for growth and return.

Property profile
Verified
Property type Neighborhood centers
Year built 1972
Total area 16,104 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
Current use
Occupant on record · Public records
  • Robert A. Phillips, DC Alternative Medicine Practice
  • Freedom Chiropractic Alternative Medicine Practice
  • Robert Trapper Alan Phillips Alternative Medicine Practice
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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