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Cross Pointe Centre
Centerville, OH Outer Centerville/Kettering

$28,800,000 USD

General Retail For Sale  •  225,126 SF

3 Properties View all

Property Details

  • Property Type General Retail
  • Cap Rate 8.01 %
0 Transit Score
53 Walk Score

Highlights

Institutional-Quality Asset: All 118 HVAC units were replaced in 2013; outside pole lighting was converted to LED in 2017, awning replaced in 2018.
Strong Rent Roll Stability: The majority of tenants have operated at the center for more than 10 years.
Affluent Trade Area: Average household income within five miles exceeds $103,000, with a stable and mature residential base.
Roof Warranty In Place: The roof on the entire property was replaced in 2013 and has a 20-year warranty in place.
Minimal Landlord Expense Responsibility: Over 90% of tenants are operating under triple-net leases and reimburse for property management expense.

Property Flyers

Cap Rate: 8.01 %

Public Transportation

AirportDriveWalkDistance
James M Cox Dayton International 37 min - 21.6 mi
Jordan Klink 317-218-5316 Marcus & Millichap
Jordan Klink 317-218-5316 Marcus & Millichap