For Sale
$14,200,000

6000-6024 Wilmington PikeCenterville, OH 45459

High-yield retail center, prime location.

Overview

Added:
Dec 11, 2024
Days on market:
114
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
6000-6024 Wilmington Pike, Centerville, Ohio

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6000-6024 Wilmington Pike
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