251 East Alex Bell Road

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251 East Alex Bell Road

centerville, OH 45459
Asking Price
Contact for price
Asset Type
Retail
Class
Class B

What's Special

251 East Alex Bell Road is located in Centerville, Ohio, situated within a high-traffic professional and retail corridor. The property sits near the intersection of Alex Bell Road and Far Hills Avenue, providing proximity to major transit routes including State Route 48 and Interstate 675. The surrounding neighborhood is characterized by a mix of established residential communities, medical offices, and local service providers. Nearby amenities include the Cross Pointe Shopping Center, several national grocery chains, and a variety of dining options, ensuring consistent daily traffic and regional visibility. The property is suited for retail and service-oriented businesses seeking a suburban presence with strong demographic reach. Ideal use cases include boutique retail, specialized showrooms, or personal service providers such as salons and fitness studios. The location’s visibility and accessibility also make it an appropriate fit for professional services that benefit from a retail storefront, such as insurance agencies, financial advisors, or private medical practices. Potential tenants typically include established local businesses or regional franchises looking to serve the Centerville and Washington Township markets.

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NOI
$80,000
Cap Rate
8.00%
DSCR
1.35
Strong
Cash-on-Cash
6.88%
Monthly Payment
$4,947.454
Annual Cash Flow
$20,630.547

Location & Travel Times