Chief's Plaza

221 Summit St, CelinaOH 45822

Retail For Sale
Floor 1
$2,350,000

Listing Details

List Price
$2,350,000
Listing Price Per SF
$29.64
NOI
$190,478
Cap Rate
8.11%
List Date
2/03/2021
Available Date
2/03/2021
Listing ID
25569376

221 Summit Street

GROCERY ANCHORED CENTER FOR SALE | PLUS OUTLOT SALE OPPORTUNITIES | Chief's Plaza | Celina, Ohio

The Gilbert Group has been exclusively retained by ownership to sell the 90% leased Chief's Plaza in Celina, Ohio. The subject property is 82,964 square feet and includes a 1.01-acre outparcel. The property has great visibility and plenty of parking. The asset is being offered at below replacement cost of $28.33 per square foot and shall deliver a cash-on-cash return of 14.71 percent.

Celina, Ohio is located about 58 miles northwest of Dayton, Ohio, and is situated on the Northwestern shores of Grand Lake St. Marys. Area retailers include CVS, Menards, Gordmans, Family Dollar, Walmart, and Aldi.

Space Details

Floor
1
Primary Use
Retail
Investment
Yes

Property Highlights

Type
 Retail: Strip Center
Size
79,281 SF, 0.01 Acres
Occupancy Type
Multi-tenant
Number of Buildings, Floors
1 , 1

Contact

Aaron Gilbert

The Gilbert Group, Ltd.

Nadia Swaney

The Gilbert Group, Ltd.

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