Listed by Matthews
$9,400,000
Sugarcreek Plaza | Dayton, OH | Walmart Shadowed | 8% CAP
Details
Property Type Retail
Sub Type Shopping Center
Square Footage 69,858
Units 4
Cap Rate 8%
NOI $752,041
Occupancy 100%
Tenancy Multi
Brand/Tenant AutoZone, Planet Fitness
Lease Type NNN
Rent Bumps Yes
Price per SqFt $135
Year Built 1987
Buildings 1
Stories 1
Acreage 6.370
Brand New 15-Yr AutoZone Lease | Ideal Location in Robust Retail Corridor
Investment highlights
- WALMART SHADOW ANCHORED NEIGHBORHOOD CENTER | BRAND NEW 15-YR LEASE WITH AUTOZONE
- IDEAL LOCATION IN THE HEART OF A ROBUST RETAIL CORRIDOR AT SIGNALIZED INTERSECTION ALONG WILMINGTON PIKE (21,050 VPD) | 33,000+ COMBINED VPD | CONVENIENT ACCESS WITH EXCELLENT VISIBILITY | LESS THAN 1-MILE FROM I-675 (59,398 VPD)
- SURROUNDED BY SIGNIFICANT DAILY TRAFFIC DRIVERS IN COSTCO, WALMART, TARGET, HOME DEPOT, LOWE’S, KROGER, ALDI & CABELA’S
- 90% OF RENTAL INCOME IS COMPRISED FROM AUTOZONE, PLANET FITNESS & MICHAELS
- SIGNIFICANTLY UNDER-MARKET MICHAELS RENT OF $8.25 PSF | MICHAELS BOUGHT THE FMR BUYBUY BABY LEASE AT BK AUCTION IN 2023 HIGHLIGHTING THEIR DESIRE TO BE AT THIS LOCATION
- EASE OF MANAGEMENT WITH ONLY 4 TENANTS | ALL ON NNN LEASES
- OFFERED SIGNIFICANTLY BELOW REPLACEMENT COST AT $135 PSF | ANNUAL BASE RENT = $11.12 PSF
- DESIRABLE DEMOGRAPHICS | 1-MILE AHHI: $127,000 | 5-MILE POPULATION: 125,000
- ROOF REPLACEMENT COMPLETED IN 2017 | UNDER WARRANTY THRU 2032
- PRIMELY POSITIONED IN A SOUGHTAFTER POCKET OF THE DAYTON MSA
- OFFERED FREE & CLEAR OF EXISTING FINANCING
Listing Contacts
Listed by Matthews
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$752,041.00
$62,670.08/mo
Valuation Metrics
0
DSCR
8%
Cap Rate
8%
ROI
Map
Zoning
B-2 CommercialGeneral CommercialGeneral Business District
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View all 79 uses
View all 79 uses Last updated Apr 15, 2026 For deeper zoning details, reports are available at Zoneomics
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