Troy Towne Center

Troy, OH

Property Highlights

+ 100% leased Walmart Supercenter shadow anchored property.

+ High performing Walmart Supercenter (2.4M visitors annually) and Kohl's (top 28% in OH).

+ Kohl's pays a significantly below market rent and self-maintains their building and parking lot.

+ Several other highly ranked tenants - Petco (#1 in OH), Verizon (top 7% in OH), Crumbl Cookies (top 28% in OH).

+ Property is experiencing strong leasing and renewal activity. Crumbl Cookies and Grace Christian Bookstore opened in 2023. A pending national tenant is replacing GameStop.

+ Several prospective tenants have expressed interest in coming to the center if space becomes available.

+ Prime location in the heart of Troy's Community Trade Zone adjacent to a full interchange with I-75. Troy is part of the Dayton MSA.

+ Troy is the seat of Miami County with significant social, business, commercial and residential activity. Excellent demos.

+ The trade zone is experiencing tremendous growth. In the past 5 years several new restaurants, retail and hotels have been built. ALDI opened across from the subject in November 2023.

+ 144,485 sq sf center maintained to an institutional level.

+ The property will trade at a price significantly below replacement cost.