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1510 Covington AvePiqua, OH 45356

0.6-acre outparcel for sale or lease. High-traffic location.

Overview

Added:
Dec 11, 2024
Days on market:
115
This exceptional 0.6-acre commercial land parcel presents a unique investment opportunity in Piqua, Ohio. Strategically located at 1510 Covington Ave, this outparcel enjoys excellent visibility along US 36/Covington Avenue, a major thoroughfare with over 10,000 vehicles passing daily. The property is situated within a thriving grocery-anchored shopping center boasting an impressive 89% occupancy and attracting approximately 1.6 million annual visitors. The center features a strong tenant mix including nationally recognized brands such as Kroger, Roses, McDonald's, AutoZone, and East of Chicago Pizza. This prime location benefits from its proximity to Hartzell Propeller, a significant local employer with 268 employees, and enjoys a strong demographic profile with average household incomes exceeding $60,000 within a 5-mile radius. The property's convenient location, approximately 30 miles north of Dayton, Ohio, places it within easy reach of the greater Dayton area's substantial population of over one million people, including the workforce of Wright-Patterson Air Force Base, Ohio's largest single-site employer with 25,000 military and civilian personnel. The property is available for sale or ground lease, offering flexibility for various development scenarios. This is an ideal opportunity for businesses seeking high visibility and access to a robust consumer base in a rapidly growing market.

Highlights

  • Grocery-anchored shopping center, 89% occupied.
  • Over 1.6 million annual visitors.
  • Strong tenant mix including Kroger, Roses, McDonald's, AutoZone, and East of Chicago Pizza.
  • 0.6-acre outparcel available for sale or ground lease.
  • High visibility on US 36/Covington Avenue (10,000+ VPD).
  • Adjacent to Hartzell Propeller, a major Piqua employer (268 employees).

Property Details for 1510 Covington Ave

Property type
Land
Lot Size (sq. ft)
26,136 SF

Location Insight

City
Piqua
County
Miami
State
Ohio
Latitude
40.1423566
Longitude
-84.2644103
1510 Covington Ave, Piqua, Ohio

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1510 Covington Ave
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