Current Use by Public Records
- Lifestyle centers
Property Details for 1510-1598 Covington Ave
- Property type
- Lifestyle centers
- Property subtype
- Power centers
Description
Market Place, located at 1510-1598 Covington Avenue in Piqua, Ohio (zip code 45429), is a 182,487 square foot retail shopping center with a mix of national tenants including Kroger, Roses, McDonald's, AutoZone, East of Chicago Pizza, and Advance America. Currently 89% occupied, the center offers multiple tenancy opportunities with a minimum divisible space of 7,909 square feet and a maximum contiguous space of 9,000 square feet. There is currently 16,909 square feet of vacant space available. The property boasts excellent visibility and frontage along US 36/Covington Avenue, a major roadway with over 40,000 vehicles per day. Two signalized entrances provide easy access. The center benefits from its proximity to Hartzell Propeller, a large local employer with over 268 employees, and is surrounded by residential areas with average household incomes exceeding $60,000 within a 5-mile radius. Its strategic location near Interstate 75 (2.5 miles) provides convenient access to the larger Dayton metropolitan area (approximately 30 miles away), home to Wright-Patterson Air Force Base and a significant healthcare industry, creating a robust consumer base of over one million people. The property's diverse tenant mix and staggered lease terms offer resilience against shifting retail trends, making it a strong investment opportunity in a growing market. The property is situated in Miami County.
Value Estimations
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Alternative Use
Location Insight
- Map
- Local Demand
- City
- Kettering
- County
- Miami
- State
- Ohio
- Longitude
- -84.1541
- Latitude
- 39.6802
