Retail Space
221 Summit Street Celina, OH 45822
Details & Description
Price: $2,500,000
    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.    
    Property ID:    237611
    Property URL: melqr.com/237611
    Generated:    04-26-24
    Property Highlights
    Listing Agents
    Joe Nazar
    Gilbert Group Retail Real Esta
    O: 614-228-2222
    M: 614-674-5523
    jnazar@gilbertgrouprealestate.com
    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.
    Retail Space / Ohio / Celina / 45822 / 221 Summit Street

    221 Summit Street

    Celina, OH 45822

    Listing ID: 237611
    Print Single-Page Version
    • 221 Summit Street Celina, OH 45822 | for Sale | Photo 1
    • 221 Summit Street Celina, OH 45822 | for Sale | Photo 2
    221 Summit Street | for Sale | Thumbnail 1
    221 Summit Street | for Sale | Thumbnail 2
    Building Size: 82,964 SF
    Lot Size: 9.398 AC
    Land Size: 409,376 SF
    Building $/SF: $30.13
    Land $/SF: $6.11
    Price
    $2,500,000
    Property Highlights
    Monument signage
    1.01-acre outparcel available for sale for $175,00
    Long term regional grocer occupied
    Upside potential through below-market rents
    Lease-up, and conversion to triple net leases
    Significantly below replacement cost
    Description

    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.    

    Points of Interest & Demographic Radii

    Points of Interest
    Demographic Radii
    POIs provided for entertainment purposes only. Data comes from multiple data sources as well as users and agents. MyEListing makes no claims whatsoever as to the accurancy and/or completeness.
     
    Fort Wayne History of Retail Space for Sale

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    Celina Area Market Trends

    Listing Demographics for 221 Summit Street Celina, OH 45822

    All information based on the most recently available data (updated annually) and is provided in 1-mile, 3-mile, and 5-mile radii (radiuses) of the property location.

    1-Mile 3-Miles 5-Miles
    Total Population4,29013,00917,472
    Population Median Age384041
    Population by Age0-9 Yrs567 (13%)1481 (11%)1924 (11%)
    10-19 Yrs707 (16%)1823 (14%)2436 (13%)
    20-29 Yrs528 (12%)1735 (13%)2141 (12%)
    30-39 Yrs432 (10%)1345 (10%)1832 (10%)
    40-49 Yrs412 (9%)1579 (12%)2117 (12%)
    50-59 Yrs703 (16%)1834 (14%)2470 (14%)
    60-69 Yrs558 (13%)1663 (12%)2465 (14%)
    70+ Yrs384 (8%)1549 (11%)2085 (11%)
    Median HH Income$47,877$49,352$53,711
    Total Household Income< 24K289 (16%)1043 (18%)1298 (17%)
    25-49K639 (36%)1834 (32%)2255 (29%)
    50-74K407 (23%)1427 (25%)1878 (24%)
    75-99K70 (3%)483 (8%)854 (11%)
    100-199K311 (17%)809 (14%)1191 (15%)
    200K+36 (2%)77 (1%)149 (1%)
    Highest Education LevelNo Diploma1918851106
    Diploma or GED126137785105
    Some College54517582414
    Assoc. Degree2717451096
    Bachelors Degree1957881201
    Higher Degree2847721038
    Total Housing Units1,9336,6679,116
    --Owner-Occupied1,1673,5505,120
    --Renter-Occupied5852,1222,506
    Owner-Occupied Values< 100K41914101823
    100-199K52413281955
    200-299K176557854
    300-399K47205324
    400-499K12371
    500K+12793
    Total Working Age Population3,28110,46014,112
    In Work Force2,1286,7799,359
    Not In Work Force1,1533,6814,754
    Workforce Employed2,1056,5929,042
    Workforce Unemployed23187317
    Civlian Workforce2,1286,7799,359
    Military Workforce000
    Total Households1,7525,6727,625
    Family Households1,0893,5294,884
    Non-Family Households6632,1442,741
    Married Couple7302,4453,556
    Other Family3591,0841,328
    Married w/Child2307511,102
    Single Male w/Child110247299
    Single Female w/Child116411487

    Population Change Last Two Decades - Plus Projection

    2000%2010%2020%2030
    Ohio11,353,140+211,536,504011,574,870011,615,100
    Mercer County40,924040,814+141,040041,230

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    Total Working Age Population:

    Total Households:

    No part of this information may be copied, reproduced, repurposed, or screen-captured for any commercial purpose without prior written authorization from MyEListing.

    While we strive to provide the most accurate information, all listing information, and demographic data, is provided by third-parties. As such, MyEListing will not be responsible for the accuracy of the information. It is strongly recommended that you verify all information with the listing agent, and any relevant agencies, prior to making any decisions.

    Common Questions and Answers

    What is the asking price for 221 Summit Street in Celina?
    The asking price for 221 Summit Street is $2,500,000
    What is the building size of this Retail property in Celina, OH?
    The size of the building/unit at 221 Summit Street in Celina is 82,964 square feet
    How much land does the Celina, OH property at 221 Summit Street include?
    221 Summit Street in Celina includes 9.398 acres of land
    What kind of Retail is the propery at 221 Summit Street?
    The property at 221 Summit Street Celina, OH 45822 is listed as a Shopping Center Retail property
    What is the population within 1 mile of 221 Summit Street in Celina?
    The population within 1 mile of 221 Summit Street Celina, OH 45822 is 4,290 people.
    Who do I contact for questions about 221 Summit Street?
    You should contact the listing agent, Joe Nazar, for any details regarding this commercial listing.

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    Closest Commercial Airports

    Airport Distance (mi)
    Fort Wayne International Airport (FWA) 44
    James M Cox Dayton International Airport (DAY) 49
    Toledo Express Airport (TOL) 81
    Price
    $2,500,000
    Listing Agent
    Joe Nazar - CRE Agent at Gilbert Group Retail Real Esta

    Joe Nazar

    Gilbert Group Retail Real Esta

    CONTACT AGENT

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    Primary photo of 221 Summit Street, Celina, OH
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