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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)
- Well Maintained
- 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 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
$4,785,305 CAD
Price Per SF
$57.68 CAD
Cap Rate
7%
NOI
$334,971 CAD
Percent Leased
79%
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 | $842,262 CAD |
| Land Assessment | $87,554 CAD | Total Assessment | $929,816 CAD |
Property Taxes
Parcel Number
27-001900.0000
Land Assessment
$87,554 CAD
Improvements Assessment
$842,262 CAD
Total Assessment
$929,816 CAD
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