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    FOR LEASE
    Strip malls

    518 Miamisburg Centerville Rd, Dayton, OH 45459

    81,266 SF 6.13 ac lot Built 1978
    Entity Owned 1-yr Hold ~ Est. High Equity
    Property ID
    US66-1957743
    518 Miamisburg Centerville Rd, Dayton, OH 45459 For Lease
    $6 SF/Yr
    518 Miamisburg Centerville Rd, Dayton, OH 45459
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    Property summary
    AI-generated overview

    This exceptional retail opportunity is located in the highly desirable Centerville submarket, offering unparalleled visibility and accessibility. The property, known as Home Center, is a strip center featuring two available spaces, ranging from 1,195 square feet to 12,400 square feet, providing flexibility for various retail concepts. Its prime location on Miamisburg-Centerville Road boasts exceptional visibility and high traffic counts, exceeding 18,000 vehicles per day. This strategic positioning ensures maximum exposure to a large and affluent customer base. The center benefits from its proximity to numerous national retailers, including Big Lots, Sam's Club, Whole Foods, Esporta Fitness, Sky Zone, and Arhaus, creating a synergistic environment and attracting a significant volume of shoppers. Convenient access to I-675 further enhances accessibility for both customers and employees. Furthermore, the property offers attractive signage opportunities, including overhead and monument signage, providing excellent branding potential for tenants. This is a rare opportunity to establish a presence in a thriving retail hub with strong demographics and high traffic volume. Don't miss this chance to secure your place in Centerville's vibrant commercial landscape.

    Property profile
    Verified
    Property type Strip malls
    Use group SHOPPING CENTER, STRIP CENTER
    Year built 1978
    Total area 81,266 SF
    Lot 6.13 ac (266,849 SF)
    APN O67 03815 0044
    UPID US66-1957743
    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
    • Uptown Hair by Teresa Hair Salon
    • Bombshell Beauty Bar Hair Salon Nail Salon
    • Shear Hotness Hair Salon Nail Salon
    Value estimations
    Realmo proprietary · 4 methods
    AI Approach AI
    $4.50M
    CAP Approach CAP
    by Request
    Comparable Approach Comparable
    by Request
    Blend (final) Blend
    $4.50M
    Owner & transaction history
    Pgp Home Center 1 LLC · 1 yrs held
    Pgp Home Center 1 LLC
    since 2024
    Last sale
    $4.5M
    5 recorded transactions
    2024
    $4.5M
    2015
    $3.5M
    1969
    1969
    1969
    Zoning & alternative use
    Permitted uses
    Permitted uses
    Allowed · conditional · prohibited
    Top alternative use upside
    Office building $6.0M +49.6%
    Commercial (general) $5.8M +44.7%
    Auto repair, garage $5.1M +26.3%
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    “Is 15.6% cap rate sustainable?” · “Best tenant mix for BU1?” · “What’s the redev upside?”
    More about this property
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