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High-visibility retail space available. Multiple suites, ample parking.
Overview
Added:
Dec 11, 2024
Days on market:
91
This exceptional retail opportunity encompasses 161,631 square feet within a thriving strip center located at 5145 Salem Avenue, Dayton, Ohio. The property boasts a prime location in Montgomery County, situated on 16 acres of land and featuring 913 parking spaces. Currently, there are 4,000 square feet of vacant space available, divisible into units ranging from a minimum of 1,000 square feet to a maximum contiguous space of 4,000 square feet. The building, constructed in 1976, is zoned G-B General Business District and features two total suites. This well-established center benefits from strong co-tenancy, including PNC Bank, Gordon Food Service, Big Lots, Dollar Tree, Shoe Carnival, Jo-Ann Fabrics, and other diverse retail, restaurant, and banking establishments. The property enjoys excellent visibility due to its corner outlot position and pylon and wall signage at a signalized intersection. Ideal uses include, but are not limited to, nail salons, hair/barber shops, restaurants, coffee shops, furniture and appliance stores, cell phone sales/repair businesses, smoke/vape/CBD shops, and other service-oriented retail, restaurant, and office uses. Recent improvements include investment in the parking lot and landscaping. Promotional incentives and tenant improvement allowances are available, subject to tenant credit and lease terms. Year 1 promotional pricing is available, with base rent adjusting to $10 per square foot, NNN, in Year 2, and annual market rate increases thereafter. This is a remarkable opportunity for businesses seeking high visibility and strong co-tenancy in a bustling Dayton location.
Highlights
161,631 SF retail space in a Dayton, OH strip center.
Prime Montgomery County location on 16 acres with 913 parking spaces.
4,000 SF of divisible vacant space (1,000-4,000 SF units).
Strong co-tenancy including PNC Bank, Big Lots, and others.
High visibility corner outlot with pylon and wall signage.
Tenant improvement allowances and promotional incentives available.
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Contacts
Bethany Yost
Learn more
Useful Information
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5145 Salem Ave, Dayton, Ohio, 45426
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Disclaimer
The property value estimates provided on this website are automated calculations based on publicly available data, user-submitted information, and proprietary algorithms. These estimates are not appraisals and should not be used as a substitute for a professional valuation by a licensed appraiser.
We do not guarantee the accuracy, reliability, or completeness of these estimates, as market conditions, property features, and other factors may affect actual property values. Users should conduct their own due diligence and consult with a real estate professional before making financial or investment decisions.
By using this service, you acknowledge and accept that all estimates are provided for informational purposes only and that this website assumes no liability for any reliance on the provided valuations.