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Property profile & analytics
FOR LEASE
Retail properties & Spaces

1900 W Main St Troy, OH 45373

191,424 SF 26.97 ac lot Built 1992
Entity Owned 9-yr Hold ~ Est. High Equity
Property ID
US66-0106056
Property summary
AI-generated overview

This exceptional retail opportunity presents 652 square feet of prime, in-store space within a high-traffic Meijer location in Miami County. This "store-within-a-store" concept offers unparalleled visibility and access to thousands of weekly customers. The space is strategically positioned for maximum customer interaction, ensuring strong foot traffic and exposure. A fixed monthly fee covers real estate taxes, property insurance, common area maintenance (CAM), and utilities, simplifying operational costs. The property boasts both interior and exterior branding and signage opportunities on the building facade, enhancing visibility and brand recognition. This location benefits from exceptional demographics within a thriving trade area. Ideal for a variety of businesses, including financial institutions, food and beverage establishments, service businesses, health and wellness providers, and more. The all-inclusive monthly fee and high-traffic location make this an attractive opportunity for businesses seeking significant customer exposure in a well-established retail environment. This is a rare chance to establish a presence within one of the Midwest's most recognizable retail destinations. The entire 652 square feet is currently vacant and ready for immediate occupancy.

Property profile
Verified
Property type Retail properties & Spaces
Use group DEPARTMENT STORE
Year built 1992
Total area 191,424 SF
Lot 26.97 ac (1,174,813 SF)
APN D08-101153
UPID US66-0106056
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
  • Meijer Pharmacy Pharmacy
  • higi Physician
  • Western Union Bank Credit Union
  • Primo Water Refill & Exchange Big Box & Wholesale Store
  • Quick-Tag (Bike/Boat/Book/etc) Store Pet Store & Service
Value estimations
Realmo proprietary · 4 methods
AI Approach AI
by Request
CAP Approach CAP
by Request
Comparable Approach Comparable
$6.27M
Blend (final) Blend
$4.96M
Owner & transaction history
Cmt Troy LLC · 9 yrs held
Cmt Troy LLC
since 2016
7 recorded transactions
2017
Price N/A
2016
$338,000
2016
$373,600
2016
$443,100
2007
$270,000
2007
$462,000
1969
Price N/A
Zoning & alternative use
Permitted uses
Permitted uses
Allowed · conditional · prohibited
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“Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
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