You're browsing as guest. Top-line numbers are free. Full reports — owner contacts, refine, methodology — are paid. Guest mode. Top-line is free.
Back to Search
Property profile & analytics
FOR LEASE
Grocery and convenience stores

1700 W Park Sq Xenia, OH 45385

48,523 SF 6.26 ac lot Built 1994
Individually Owned 4-yr Hold ~ Est. High Equity
Property ID
US66-2728750
1700 W Park Sq, Xenia, OH 45385 For Lease
$5,565,000
1700 W Park Sq, Xenia, OH 45385
View Listing →
Property summary
AI-generated overview

This exceptional retail property, W. Park Square Shopping Center, presents a compelling investment opportunity in the thriving Xenia, Ohio market. Located at 1700 W Park Square, Xenia, OH 45385, this single-story, 104,873 square foot shopping center boasts a prime location off Progress Drive, directly accessible from Business State Route 35 (W. Main Street). Built in 1994 and renovated in 2001, the center offers 14 suites, with 10,800 square feet currently available for lease. Spaces range from a minimum of 1,400 square feet to a maximum contiguous space of 3,000 square feet, providing flexibility for various retail concepts. The property benefits from ample parking with 596 spaces. This well-established center enjoys a strong tenant mix, including a Kroger anchor store, along with Rural King, Harbor Freight, Feeders Pet Supply, and Sally Beauty. Chipotle and Wright-Patt Credit Union are conveniently located in outparcel pads, further enhancing the center's appeal and drawing significant customer traffic. This is an excellent chance to acquire a piece of a successful, established retail center in a desirable location. The property offers immediate occupancy potential for businesses seeking high visibility and convenient access.

Property profile
Verified
Property type Grocery and convenience stores
Use group GROCERY, SUPERMARKET
Year built 1994
Total area 48,523 SF
Lot 6.26 ac (272,729 SF)
APN M40-0001-0055.0-0003.00
UPID US66-2728750
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
  • Kroger Pharmacy Pharmacy
  • higi Physician
  • Kroger Money Services Bank Credit Union
  • ATM (Fifth Third Bank) Atm
  • MoneyGram Bank Credit Union
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
$7.05M
Comparable Approach Comparable
$5.67M
Blend (final) Blend
$5.57M
Owner & transaction history
Exchangeright Net Leased Portfolio · 4 yrs held
Exchangeright Net Leased Portfolio
since 2022
7 recorded transactions
2022
Price N/A
2022
Price N/A
2022
Price N/A
2022
$7.2M
2019
Price N/A
2014
Price N/A
2013
$4.2M
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
Try Rey
Ask anything about this address in plain English.
“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message