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Investment Highlights

  • Located within the Dayton MSA - anchored by Wright-Patterson Air Force Base - the largest single-site employer in Ohio
  • Low absolute rent ($92,176) compared to other investment grade bank branches
  • 151,500 residents within a five-mile radius
  • Investment grade tenant – Standard & Poor’s: A
  • 20-year operating history with multiple lease extensions
  • 1.618-acre land parcel with five drive-thru lanes – Oversized land parcel for a building of this size

Executive Summary

The Boulder Group is pleased to exclusively market for sale a single tenant net leased PNC Bank property located in Dayton, Ohio. PNC Bank has continuously operated a retail branch at this location since 2005, establishing a strong 20-year operating history at the site. The tenant has demonstrated long-term commitment by extending the lease multiple times and currently maintains one 5-year renewal option remaining, which includes a 7.5% rental escalation. PNC Bank maintains an investment grade A credit rating from Standard and Poor’s.
The 3,568 square-foot bank branch is positioned along North Main Street (24,000 VPD), a primary north-south commercial corridor serving the North Dayton trade area. The site occupies a 1.618-acre parcel and features ?ve drive-thru lanes. The property bene?ts from a dense residential base, with approximately 151,500 residents within a ?ve-mile radius. Nearby retailers that draw a continual ?ow of traffic to the corridor include Kroger, Ace Hardware, McDonald’s, AutoZone, CVS, Walgreens, Hibbett Sports, KFC, Taco Bell, and several others. The property is also roughly 2 miles west of Interstate 75, which carries 109,000+ vehicles per day.
PNC Bank, the primary banking subsidiary of The PNC Financial Services Group, Inc. (NYSE: PNC), is one of the largest diversi?ed ?nancial services institutions in the United States. Headquartered in Pittsburgh, Pennsylvania, with roots tracing back to 1852 (yr. founded), PNC was formed in its current structure through the 1983 merger of Pittsburgh National Corporation and Provident National Corporation. As of March 31, 2026, the company reported approximately $603 billion in assets, $458 billion in deposits, $463 billion in assets under administration, roughly 2,400 branches, and about 58,000 employees. They recently acquired First Bank in January 2026, demonstrating their growth strategy.

Attachments

OM-PNC-Dayton-OH

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Bank
Building Size
3,568 SF
Building Class
B
Year Built/Renovated
1983/2005
Price
$1,722,413 CAD
Price Per SF
$482.74 CAD
Cap Rate
7.50%
NOI
$129,181 CAD
Tenancy
Single
Building Height
1 Story
Building FAR
0.05
Lot Size
1.61 AC
Opportunity Zone
Yes
Zoning
B-4 – Business District
Parking
25 Spaces (7.01 Spaces per 1,000 SF Leased)
Frontage
56’ on N Main St

Amenities

  • Bus Line
  • Drive Thru

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease End
  • Finance and Insurance
  • -
  • -
  • May 2028

PNC Financial Services Group traces its roots to the Pittsburgh Trust and Savings Company, which began in Pennsylvania in 1852, and later grew through a merger of Pittsburgh National Corporation and Provident National Corporation in 1983. The company provides retail and business banking, lending, corporate banking, real estate finance, asset-based lending, wealth management, and asset management. PNC serves individuals, small businesses, corporations, and government entities through a broad mix of financial services and continues to operate as a diversified banking and wealth platform in the United States.

Tenant Industry SF Occupied Rent/SF Lease End
Finance and Insurance - - May 2028
Fairly walkable
50/100
Very drivable
80/100
Limited public transit
30/100
Fairly bikeable
40/100

Nearby Major Retailers

KeyBank
First Financial bank
Super Subby's
Chase Bank
Rent-A-Center

Property Taxes

Property Taxes

Parcel Number
E20-01008-0219
Land Assessment
$47,608 CAD
Improvements Assessment
$192,883 CAD
Total Assessment
$240,490 CAD
  • Listing ID: 41597632

  • Date on Market: 2026-08-07

  • Last Updated:

  • Address: 4490 N Main St, Dayton, OH 45405

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