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221 Summit St
Celina, OH 45822
Chief's Plaza · Retail Property For Sale
INVESTMENT HIGHLIGHTS
- Grocery-anchored retail center located in Celina, Ohio (Dayton MSA)
- 100% Occupied
- Anchored by Chief’s Supermarket
EXECUTIVE SUMMARY
NAI Ohio Equities is pleased to offer for sale Chief’s Plaza, a ±83,000 square foot well-maintained grocery anchored retail center located in Celina, OH (Dayton MSA) (the “Property”). Chief’s Plaza is currently 100% occupied by Chief Supermarket (11 locations), Snap Fitness, Kill RV Services, Remedies Smoke Shop, and China Wok Restaurant. Approximately 75% of the roof was replaced in 2021 and features a 20-year transferable warranty. Celina, OH features limited grocery competition with excellent underlying retail/commercial demographics. ±40,000 people reside within 10-miles of the property with median annual household incomes around $68,000.
PROPERTY FACTS
Sale Type
Investment NNN
Property Type
Retail
Property Subtype
Building Size
82,967 SF
Building Class
C
Year Built
1972
Price
$3,500,000
Price Per SF
$42.19
Cap Rate
7%
NOI
$245,000
Percent Leased
90%
Tenancy
Multiple
Building Height
1 Story
Loading Docks
3 Exterior
Building FAR
0.18
Lot Size
10.41 AC
Zoning
B-3 - Community Shopping Center
Parking
315 Spaces (3.8 Spaces per 1,000 SF Leased)
Frontage
AMENITIES
- Monument Signage
PROPERTY TAXES
| Parcel Number | 27-001900.0000 | Improvements Assessment | $607,500 |
| Land Assessment | $63,150 | Total Assessment | $670,650 |
PROPERTY TAXES
Parcel Number
27-001900.0000
Land Assessment
$63,150
Improvements Assessment
$607,500
Total Assessment
$670,650
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