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220-240 W Central Ave
Springboro, OH 45066
Springboro Shopping Center · Retail Property For Sale

INVESTMENT HIGHLIGHTS

  • 40,819-Square Foot Shopping Center | Built and Anchored by Discount Drug Mart Since 1999 | Springboro, OH
  • Internet-Resistant Tenant Mix with Majority of Tenants having Annual Rent Increases
  • Dedicated Turn Lane on Central Avenue (OH-73) which Sees Over 26,000 VPD | Average Household Incomes Exceed $130,000 within Three-Miles
  • Strong Historical Occupancy as 87 Percent of the GLA has Occupied Space Since 2000
  • Discount Drug Mart and Dairy Queen have Separate Drive-Thru Lanes | Situated at a Signalized Intersection with Great Signage, Access, and Visibility
  • Over 43 Percent Population Growth in Five-Miles with Nearly 84,000 Residents | Located 15 Miles South of Dayton and 40 Miles North of Cincinnati

PROPERTY FACTS

Property Type
Retail
Property Subtype
Freestanding
Building Size
40,819 SF
Building Class
B
Year Built
1999
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.16
Lot Size
5.95 AC
Zoning
B-2
Parking
193 Spaces (4.73 Spaces per 1,000 SF Leased)

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
04-14-455-011
Land Assessment
$411,090
Improvements Assessment
$1,497,880
Total Assessment
$1,908,970
  • Listing ID: 26232471

  • Date on Market: 7/22/2022

  • Last Updated:

  • Address: 220-240 W Central Ave, Springboro, OH 45066

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