Family Dollar | Dayton, OH
Strong Store Sales | 27.6k VPD | Signalized, Corner Location | 8.88% Cap
Marketing description
CBRE IS PLEASED TO EXCLUSIVELY PRESENT FOR SALE this 8,320 square foot Family Dollar located in Dayton, Ohio. The property is leased to Family Dollar Stores of Ohio, LLC, with a corporate guaranty from Family Dollar Stores, LLC, providing strong credit backing and reliable income from a nationally recognized discount retailer.
Constructed in 2012, the property is situated on a 1.04-acre parcel and operates under a double-net (NN) lease structure, offering a passive investment with limited landlord responsibilities. The lease runs through March 31, 2031 and includes three (3) five-year renewal options with rental increases at each option period, providing the opportunity for continued income growth and long-term stability.
The property is strategically positioned on a signalized corner along Main Street, benefiting from strong visibility and accessibility with combined traffic counts of approximately 27,600 vehicles per day. Additionally, the surrounding trade area is supported by approximately 138,765 residents and 61,483 households within a five-mile radius, providing a dense and consistent consumer base for daily needs retail. The store reports strong unit-level sales, further demonstrating the strength of the location and supporting long-term tenant performance.
Investment highlights
- PASSIVE NET LEASE STRUCTURE WITH FUTURE UPSIDE - The NN lease structure offers a low-management investment, with the tenant responsible for the majority of operating expenses while the landlord maintains roof and structure. The lease runs through March 31, 2031, and includes three (3) five-year renewal options with rental increases at each option period, providing long-term income growth potential.
- STRONG STORE PERFORMANCE - The subject property reports strong and increasing store sales, demonstrating its importance to the surrounding community and reinforcing its role as a reliable provider of essential goods. Contact the listing team for more information.
- STRATEGIC CORNER LOCATION WITH STRONG VISIBILITY - Situated on a signalized corner along Main Street, the property benefits from combined traffic counts of 27,600 vehicles per day, enhancing visibility and accessibility from multiple directions.
- CORPORATE-BACKED TENANT - The property is leased to Family Dollar Stores of Ohio, LLC, with a corporate guaranty from Family Dollar Stores, LLC, an established national discount retailer with thousands of locations nationwide, providing reliable and consistent income.
- ESTABLISHED RETAIL CORRIDOR - Located just 0.7 miles from the busy intersection of Main Street and Shoup Mill Road, the site is surrounded by national and regional retailers including Walgreens, CVS, McDonald's, Wendy's, Speedway, AutoZone, KeyBank, and DaVita, driving consistent consumer traffic to the area.
- STABLE, NEEDS-BASED LOCATION DRIVERS - The property is positioned between key community anchors, including several apartment communities, nearby schools—such as Summit Academy, a special education school located just down the street—and Siena Village Senior Living community, which offers apartments, assisted living, and care facilities. These surrounding uses support steady daily traffic and provide a built-in customer base.
- DENSE SURROUNDING POPULATION - The property serves a population of approximately 138,765 residents within a 5-mile radius, supported by 61,483 households, providing a strong and consistent consumer base for daily needs retail.
- IDEAL MARKET FOR FAMILY DOLLAR - The immediate area reports an average household income of $74,973 within a 1-mile radius, supporting consistent spending for value-oriented retail and essential goods.
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