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Shopping Neighborhood

Springboro Shopping Center

220 W Central Ave, Springboro, OH 45066

Listing Price: $5,375,000

Cap Rate
8.00%
Gross SF
40,819
Rentable SF
40,819
Price/Gross SF
$131.68
Lot Size
5.95 acres
Year Built
1999

Investment Overview

The Dumes Teets Mullowney Group is pleased to bring to market Springboro Shopping Center, located in Springboro, Ohio.

Investment Highlights

  • 40,819-Square Foot Shopping Center | Built and Anchored by Discount Drug Mart Since 1999 | Springboro, OH
  • Strong Historical Occupancy as 87 Percent of the GLA has Occupied Space Since 2000
  • Internet-Resistant Tenant Mix with Majority of Tenants having Annual Rent Increases
  • Discount Drug Mart and Dairy Queen have Separate Drive-Thru Lanes
  • Situated at a Signalized Intersection with Great Signage, Access, and Visibility
  • Dedicated Turn Lane on Central Avenue (OH-73) which Sees Over 26,000 VPD
  • Average Household Incomes Exceed $130,000 within Three-Miles
  • Over 43 Percent Population Growth in Five-Miles with Nearly 84,000 Residents Located 15 Miles South of Dayton and 40 Miles North of Cincinnati

Exclusively Listed By

Shopping Neighborhood

Springboro Shopping Center

Listing Price: $5,375,000

Cap Rate
8.00%
Gross SF
40,819
Rentable SF
40,819
Price/Gross SF
$131.68
Lot Size
5.95 acres
Year Built
1999

Investment Highlights

  • 40,819-Square Foot Shopping Center | Built and Anchored by Discount Drug Mart Since 1999 | Springboro, OH
  • Strong Historical Occupancy as 87 Percent of the GLA has Occupied Space Since 2000
  • Internet-Resistant Tenant Mix with Majority of Tenants having Annual Rent Increases
  • Discount Drug Mart and Dairy Queen have Separate Drive-Thru Lanes
  • Situated at a Signalized Intersection with Great Signage, Access, and Visibility
  • Dedicated Turn Lane on Central Avenue (OH-73) which Sees Over 26,000 VPD
  • Average Household Incomes Exceed $130,000 within Three-Miles
  • Over 43 Percent Population Growth in Five-Miles with Nearly 84,000 Residents Located 15 Miles South of Dayton and 40 Miles North of Cincinnati

Investment Overview

The Dumes Teets Mullowney Group is pleased to bring to market Springboro Shopping Center, located in Springboro, Ohio.

Exclusively Listed By

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