1900 Main StTroy, OH 45373

  • Retail properties
  • 191,424 SF
For Lease

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
1900 Main St, Troy, Ohio

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

Tax date
Tax Amount
Assessed Land Value
Assessed Improvement Value
Total Assessed Value
Applied Tax Rate
Land Market Value
Improvement Market Value
Total Market Value
2023
$130,527
$644,910
$1,630,410
$2,275,320
-
$1,842,600
$4,658,300
$6,500,900

FAQs

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