1555 Covington Ave Piqua, OH 45356
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.
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Robert A. Phillips, DC Alternative Medicine Practice
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Freedom Chiropractic Alternative Medicine Practice
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Robert Trapper Alan Phillips Alternative Medicine Practice
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
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
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Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.