Cap Rate
8%
Tot. SF
69,858
6140 - 6148 Wilmington Pike, Dayton, OH, 45459
Offering Memorandum
Sugarcreek PlazaCommand Palette
Search for a command to run...
$9,400,000
Key Information
Lot Size
6.37 Acres
Units
4
Year Built
1987
Type
Retail
Occupancy
100%
NOI
$752,041
Highlights
-
Walmart Shadow Anchored Neighborhood Center | Brand New 15-Yr Lease with AutoZone
- Ideal location in the heart of a robust retail corridor at signalized intersection along Wilmington Pike (21,050 VPD) | 33,000+ combined VPD | Convenient access with excellent visibility | Less than 1-mile from I-675 (59,398 VPD)
- Surrounded by significant daily traffic drivers in Costco, Walmart, Target, Home Depot, Lowe’s, Kroger, Aldi & Cabela’s
- 90% of rental income is comprised from AutoZone, Planet Fitness & Michaels
- Significantly under-market Michaels rent of $8.25 PSF | Michaels bought the fmr buybuy Baby lease at BK auction in 2023 highlighting their desire to be at this location
Photos
Location
Agents
B
Ben SnyderLicense # 2018002569 (OH)
Z
Zack BatesLicense # SAL.2018002393 (OH)
Broker of Record
Matthew Wallace
License # REC.2022007141, BRKP.2024002419 (OH)Matthews Real Estate Investment Services, Inc950 Main Ave., Suite 510, Cleveland, OH 44113