1900 Main StTroy, OH 45373
- Retail properties
- 191,424 SF
Property Details for 1900 Main St
- Year built
- 1992
- Lot size
- 26.97 AC
- Property size (Sq ft)
- 191,424 SF
- Property type
- Retail properties
- Property subtype
- Other retail properties
- APN
- D08-101153
- APU
- D08101153
Description
This exceptional retail opportunity presents 652 square feet of prime, in-store space within a high-traffic Meijer location in Miami County. This "store-within-a-store" concept offers unparalleled visibility and access to thousands of weekly customers. The space is strategically positioned for maximum customer interaction, ensuring strong foot traffic and exposure. A fixed monthly fee covers real estate taxes, property insurance, common area maintenance (CAM), and utilities, simplifying operational costs. The property boasts both interior and exterior branding and signage opportunities on the building facade, enhancing visibility and brand recognition. This location benefits from exceptional demographics within a thriving trade area. Ideal for a variety of businesses, including financial institutions, food and beverage establishments, service businesses, health and wellness providers, and more. The all-inclusive monthly fee and high-traffic location make this an attractive opportunity for businesses seeking significant customer exposure in a well-established retail environment. This is a rare chance to establish a presence within one of the Midwest's most recognizable retail destinations. The entire 652 square feet is currently vacant and ready for immediate occupancy.
Valuation
by Paperhouses methods
- Valuation date:
- Dec 11, 2024
-
CAP approach
- CAP return
- Valuation
- 6%
- $53,995,076
- 6.5%
- $49,841,608
- 7%
- $46,281,496
-
Comparable approach
- Method
- Valuation
- Relative Method
- $9,498,229
- Geo Method
- $9,498,229
-
Alternative Use
- Use
- Valuation
- Residential
- $42,043,260
- Hospitality
- $38,511,400
- Educational
- $32,041,034
- Medical
- $33,142,974
- Retail
- $49,841,608
Location Insight
- City
- Troy
- County
- Miami
- State
- Ohio
- Latitude
- 40.0546
- Longitude
- -84.2434
- CBSA code
- 19430
- CBSA name
- DAYTON-KETTERING, OH METROPOLITAN STATISTICAL AREA
Property Tax & Assessments
Comparable in this City
Similar Nearby for Sale
Similar Nearby for Lease
FAQs
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