For Sale
$14,200,000

6000-6024 Wilmington Pike Centerville, OH 45459

High-yield retail center, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
134
This fee-simple owned, 81,298 square foot shopping center, located at 6000-6024 Wilmington Pike in Centerville, Ohio (45459), presents a compelling investment opportunity. Built in 1987 and renovated in 2005, the property boasts a 7.00% cap rate and a strong 91.8% occupancy, generating a net operating income (NOI) of $994,673. The asking price is $14,200,000. Situated on a 14.116-acre lot (APN: L32 00001 0003 0 0240 00

Highlights

  • Prime retail location on a high-traffic corridor.
  • Low vacancy rate (5.6%) in a densely populated area.
  • High daily traffic counts: 29,211 vehicles on Wilmington Pike and 85,510 on I-675.
  • Below-market rents offering significant upside potential.
  • Adjacent to the upcoming 72-acre Cornerstone South mixed-use development (groundbreaking 2025).
  • Shadow-anchored by Planet Fitness and Michaels.

Property Details for 6000-6024 Wilmington Pike

Property type
Lifestyle centers, Power centers
Square Feet
81,298 SF
Year Built/Renovated
1987/2005
Lot Size (sq. ft)
614,893 SF

Location Insight

City
Centerville
County
Greene
State
Ohio
Latitude
39.6515099
Longitude
-84.1085461

FAQs

What type of property is this?
Lifestyle center - High-yield retail center, prime location.
Where is the lifestyle center located?
The property is located at 6000-6024 Wilmington Pike Centerville, OH.
What is the asking price?
The asking price for this property is $14,200,000.
What are key features of this property?
This property features: Prime retail location on a high-traffic corridor.; Low vacancy rate (5.6%) in a densely populated area.; High daily traffic counts: 29,211 vehicles on Wilmington Pike and 85,510 on I-675.
How can I contact the broker?
We strongly encourage to message the broker through our portal by clicking on the “Envelope” icon next to the brokers photo on the property page. We’ve found brokers response time is much quicker via our messaging portal than phone as brokers are always on the go.
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6000-6024 Wilmington Pike
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