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9030 Looney Rd 10,595 SF 85% Leased Retail Building Piqua, OH 45356 $749,824 ($70.77/SF) 8% Cap Rate
Investment Highlights
- National credit tenant Dollar General drives consistent foot traffic and serves as a daily-needs destination for the surrounding community.
- Existing lease with Dollar General offers a reliable income stream while upside remains in backfilling the vacant space.
- Convenient access from Looney Rd with strong visibility for local traffic.
- One vacant suite provides immediate lease-up potential, allowing investors to increase NOI and enhance overall asset value.
- Positioned in the Piqua trade area, serving as a key retail hub for nearby residential communities with limited competing retail inventory.
Executive Summary
Anchored by Dollar General, the property benefits from consistent daily-needs traffic and serves as a key retail destination for the surrounding community. The existing Dollar General lease provides stable in-place income while offering investors the ability to increase NOI and enhance long-term asset value through the repositioning and occupancy of the vacant space.
Strategically positioned within the Piqua trade area, the property serves nearby residential communities with limited competing retail inventory, creating a strong opportunity for future tenant demand. The center also offers convenient access and visibility along Looney Rd., allowing for strong exposure to local traffic and continued relevance within the surrounding rural/suburban retail corridor.
Property Facts
Major Tenants Click Here to Access
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
-
- Retailer
-
99,999 SF
- -
- -
Dollar General began in 1939 as J.L. Turner and Son Wholesale Company, a dry-goods business started by J.L. Turner and Cal Turner Sr., and the first Dollar General store opened in the mid-1950s. The company operates a discount retail model through Dollar General, DG Market, DGX, and pOpshelf formats, serving customers with food, health and wellness products, cleaning and laundry supplies, self-care and beauty items, seasonal décor, private brands, and national labels. Dollar General supports online shopping and positions itself around affordable everyday goods and community-focused services.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
|
|
Retailer | 99,999 SF | - | - |
Nearby Major Retailers
Property Taxes
| Parcel Number | N44078722 | Improvements Assessment | $239,960 |
| Land Assessment | $32,200 | Total Assessment | $272,160 |
Property Taxes
Presented by
9030 Looney Rd
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