Sugarcreek Plaza Investment Sale
81,298 SF | 94% Leased | Retail Building | Dayton, OH 45459 | $14,200,000 ($175/SF) | 7.09% Cap Rate
For Sale
Active
- Date Added:
- May 17, 2024
- Days on Market:
- 28 days
Asking Price $14,200,000
- Property Type
-
Retail
- Square Feet
- 81,298 SF
- Price / Square Foot
- $175
Listing Contacts
Kelly Gray
Verified Profile
Tracey Herron
Verified Profile
- Property Info
Property Overview
81,298 Sq Ft Center – 93.85% occupied
Occupied SF – 75,098 Inline and Out Lot
Vacant SF -5,000 Inline -*as of 7/22/2024
$14,200,000
NOI: $1,006,448.57
*based on 2025 NOI projections
Ideally situated on a strong, established retail corridor
Densely Populated Area with less than 5.6% average vacancy rate
29,211 vehicles per day on Wilmington Pike
85,510 vehicles per day on I-675
Below market rental rates– upside potential!
NEW CORNERSTONE SOUTH DEVELOPMENT –coming soon – 72-acre mixed-use development offering I-675 visibility. Ideal location for restaurants, hospitality, entertainment, and professional office users – BREAKING GROUND 2025
Shadow Anchored by Planet Fitness, Michaels
Solid Demographics over 135,099 within 5-mile and HH Income of over $132,829
Convenient location directly across from Miami Valley Hospital South, a 750,000 Sf hospital and medical complex with over 14,000 employees
Surrounded by a sea of complimentary Retailers, Restaurants and Services
Occupied SF – 75,098 Inline and Out Lot
Vacant SF -5,000 Inline -*as of 7/22/2024
$14,200,000
NOI: $1,006,448.57
*based on 2025 NOI projections
Ideally situated on a strong, established retail corridor
Densely Populated Area with less than 5.6% average vacancy rate
29,211 vehicles per day on Wilmington Pike
85,510 vehicles per day on I-675
Below market rental rates– upside potential!
NEW CORNERSTONE SOUTH DEVELOPMENT –coming soon – 72-acre mixed-use development offering I-675 visibility. Ideal location for restaurants, hospitality, entertainment, and professional office users – BREAKING GROUND 2025
Shadow Anchored by Planet Fitness, Michaels
Solid Demographics over 135,099 within 5-mile and HH Income of over $132,829
Convenient location directly across from Miami Valley Hospital South, a 750,000 Sf hospital and medical complex with over 14,000 employees
Surrounded by a sea of complimentary Retailers, Restaurants and Services
Property Details
- Class
- B
- Year Built/Renovated
- 1987/2005
- Stories
- 1
- Property Subtype
- Storefront, Freestanding, Storefront Retail/Office
- Lot Size (sq. ft)
- 614,196 SF
Highlights
- Heavy Daytime Foot Traffic
- New Cornerstone Development Breaking Ground 2025
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