2360 S Smithville Rd, Kettering, OH 45420 For Sale

Absolute NNN – This is a rare absolute NNN lease with zero landlord responsibilities, offering 100% passive income to a prospective purchaser.

High Performing Site – AlphaMap’s shows that the site performs in the top 75th percentile of Family Dollar Stores in Ohio in terms of mobile foot traffic.

Attractive Increase Schedule - 10% rental increases in each of the four, 5-year options, which is beneficial to an owner as it increases their yearly cash flow and helps hedge against inflation.

Attractive Demographics - There are approximately 170,655 people within a 5-mile radius from the property with an average household income of $80,000+. This provides a prospective purchaser with their property being in a densely populated market with high spending power.

Corporate Tenant - The lease of the subject property is signed by Family Dollar, Inc who operates over 7,500+ locations throughout the country. Family Dollar was recently acquired by Brigade Capital and Macellum Capital Management for $1.01 Billion.

University of Dayton - The University of Dayton is approximately 2 miles away from the subject property. Over 11,000 students attend the University with many who live off campus. This benefits a purchaser by owning a property near a consistent high traffic area.

Charles F Kettering Memorial Hospital - The subject property is located 3 miles away from the hospital which is one of the region's largest employers with over 12,000 employees. This population represents a consistent daytime consumer group for discount and convenience retail.