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Developer buys retail strip with Ollie’s near Dayton Mall

A retail strip center near the Dayton Mall, that is home to businesses like Aldi and Ollie’s, has been sold to an Ohio developer.

Toledo-based Eidi Properties has acquired Corners at the Mall Plaza, a 152,000-square-foot retail shopping center at 117 - 249 N. Springboro Pike. It is situated just off of Interstate 75, and houses retailers like One Main Financial, Sally Beauty and Aaron’s.

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Renovations are scheduled to happen in May, including parking lot upgrades, adding outside LED lighting and freshening up the exterior look of the structures. New tenants are expected to move in while improvements are made before August.

CEO Ramy Eidi said the property is in a favorable location. The same property was sold in September, less than a year ago, for $4.6 million.

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“Creating exciting opportunities for the tenants within the plaza and the surrounding neighborhood as well as bringing in the right tenant mix will only elevate th plaza’s potential. This property has all of the elements that retailers desire, from great visibility, ease of access to abundant parking.”

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