Centerville Square Shopping Center

Investment Overview

3CRE exclusively presents Centerville Square, a 100% occupied, 97,617-square-foot retail asset situated on nearly 8.5 acres in Centerville, one of the Dayton area's most affluent and supply-constrained suburbs. Priced well below replacement cost at roughly $110 per square foot, the center has benefited from nearly $1.96 million in recent capital improvements, including a new roof and a $500,000 anchor white-box renovation. Centerville's restrictive zoning and fully built-out landscape create massive structural barriers to entry, driving down regional shopping-center vacancy to just 6.4% and ensuring an exceptional 18.6-year weighted average historical tenant retention at this property.