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Shopping Neighborhood

West Chester Plaza | Value-Add Neighborhood Center | 28% Vac. Upside | $57 P/PSF | Affluent Area

9076 Cox Rd, West Chester, OH 45069

Listing Price: $3,312,250

Cap Rate
6.00%
Gross SF
58,268
Rentable SF
58,268
Price/Gross SF
$56.85
Lot Size
5.00 acres
Year Built
1988

Investment Overview

Marcus & Millichap is pleased to bring to market West Chester Plaza, a Dollar General anchored shopping center located in West Chester, OH (Cincinnati MSA).

Investment Highlights

  • Value-Add Neighborhood Center | Below Market Rents | Cincinnati, OH MSA
  • Dollar General has Shown Strong Commitment to the Center with 20-Years of Occupancy
  • Nearly 52 Percent of Income is Produced by Tenants Leased Through 2025
  • 16,200 Square Feet or 28 Percent of Vacancy Upside | Average Rent $4.13 Per Square Foot
  • Multiple Points of Ingress/Egress with Ample Parking
  • Position at the Signalized Intersection of US-42 and Cox Rd. with Nearly 20,000 VPD
  • Over 154,000 Residents with Average Household Incomes Exceeding $130,000 within 5-Miles | Nearly 20 Percent Population with 41 Percent Household Income Growth within 5-Miles Since 2000
  • Located 22-Miles North of Downtown Cincinnati and 33-Miles South of Downtown Dayton

Exclusively Listed By

Shopping Neighborhood

West Chester Plaza | Value-Add Neighborhood Center | 28% Vac. Upside | $57 P/PSF | Affluent Area

Listing Price: $3,312,250

Cap Rate
6.00%
Gross SF
58,268
Rentable SF
58,268
Price/Gross SF
$56.85
Lot Size
5.00 acres
Year Built
1988

Investment Highlights

  • Value-Add Neighborhood Center | Below Market Rents | Cincinnati, OH MSA
  • Dollar General has Shown Strong Commitment to the Center with 20-Years of Occupancy
  • Nearly 52 Percent of Income is Produced by Tenants Leased Through 2025
  • 16,200 Square Feet or 28 Percent of Vacancy Upside | Average Rent $4.13 Per Square Foot
  • Multiple Points of Ingress/Egress with Ample Parking
  • Position at the Signalized Intersection of US-42 and Cox Rd. with Nearly 20,000 VPD
  • Over 154,000 Residents with Average Household Incomes Exceeding $130,000 within 5-Miles | Nearly 20 Percent Population with 41 Percent Household Income Growth within 5-Miles Since 2000
  • Located 22-Miles North of Downtown Cincinnati and 33-Miles South of Downtown Dayton

Investment Overview

Marcus & Millichap is pleased to bring to market West Chester Plaza, a Dollar General anchored shopping center located in West Chester, OH (Cincinnati MSA).

Exclusively Listed By

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