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5140 Salem Ave 4,340 SF of Retail Space Available in Dayton, OH 45426
HIGHLIGHTS
- Location: Directly across from new $8M Gordon Foods Grocery Store & the new $10M, U1 Flyght Sports Dome Complex
- Parking: 38 spaces
- Access: Drive-thru, curb cuts from Salem Avenue and Covenant House Drive
- Available: 4,340 SF street-front, free standing building (+1,400 SF basement), 0.77 acres on 33,628 SF usable land
- Signage: Pylon and corner wrap with signage on two streets
- Zoning: G-B General Business District - QSR/Retail, Restaurant, Fuel Station Station, Convenience Store, Medical, Office, Pawn, Consumer Lending
SPACE AVAILABILITY (1)
Display Rental Rate as
- SPACE
- SIZE
- TERM
- RENTAL RATE
- RENT TYPE
| Space | Size | Term | Rental Rate | Rent Type | ||
| 1st Floor | 4,340 SF | Negotiable | $13.51 CAD/SF/YR $1.13 CAD/SF/MO $58,644 CAD/YR $4,887 CAD/MO | Triple Net (NNN) |
1st Floor
$3,500/month NNN. Cost-effective multi-reuse opportunity. Standard consistent size and layout. Allows user to fit into the space without needing a large plot of land. Can be envisioned how McDonald's has it across various locations. Building's bones, footprint and space are what's really great. Brick design, two-drive thru windows, signage, tall ceilings, patio, storage, corner location with greenspace. Pedigree of a McDonald's corporate restaurant. Newer roof. Restaurant contents removed. Walk in cooler and freezer retained. Space converted as office/service use. Revert to restaurant use or other.
- Lease rate does not include utilities, property expenses or building services
- Fully Built-Out as a Restaurant or Café Space
Rent Types
The rent amount and type that the tenant (lessee) will be responsible to pay to the landlord (lessor) throughout the lease term is negotiated prior to both parties signing a lease agreement. The rent type will vary depending upon the services provided. For example, triple net rents are typically lower than full service rents due to additional expenses the tenant is required to pay in addition to the base rent. Contact the listing broker for a full understanding of any associated costs or additional expenses for each rent type.
1. Full Service: A rental rate that includes normal building standard services as provided by the landlord within a base year rental.
2. Double Net (NN): Tenant pays for only two of the building expenses; the landlord and tenant determine the specific expenses prior to signing the lease agreement.
3. Triple Net (NNN): A lease in which the tenant is responsible for all expenses associated with their proportional share of occupancy of the building.
4. Modified Gross: Modified Gross is a general type of lease rate where typically the tenant will be responsible for their proportional share of one or more of the expenses. The landlord will pay the remaining expenses. See the below list of common Modified Gross rental rate structures: 4. Plus All Utilities: A type of Modified Gross Lease where the tenant is responsible for their proportional share of utilities in addition to the rent. 4. Plus Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of cleaning in addition to the rent. 4. Plus Electric: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical cost in addition to the rent. 4. Plus Electric & Cleaning: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the electrical and cleaning cost in addition to the rent. 4. Plus Utilities and Char: A type of Modified Gross Lease where the tenant is responsible for their proportional share of the utilities and cleaning cost in addition to the rent. 4. Industrial Gross: A type of Modified Gross lease where the tenant pays one or more of the expenses in addition to the rent. The landlord and tenant determine these prior to signing the lease agreement.
5. Tenant Electric: The landlord pays for all services and the tenant is responsible for their usage of lights and electrical outlets in the space they occupy.
6. Negotiable or Upon Request: Used when the leasing contact does not provide the rent or service type.
7. TBD: To be determined; used for buildings for which no rent or service type is known, commonly utilized when the buildings are not yet built.
PROPERTY FACTS
| Total Space Available | 4,340 SF | Gross Leasable Area | 4,340 SF |
| Property Type | Retail | Year Built | 1972 |
| Property Subtype | Freestanding | Parking Ratio | 8.76/1,000 SF |
| Total Space Available | 4,340 SF |
| Property Type | Retail |
| Property Subtype | Freestanding |
| Gross Leasable Area | 4,340 SF |
| Year Built | 1972 |
| Parking Ratio | 8.76/1,000 SF |
ABOUT THE PROPERTY
- 4,340 SF building + 338 SF concrete patio + 612 SF canopy roofs (+1,400 SF basement storage). 2 drive-thru windows. 38 parking spaces. 173' Salem Ave frontage. - Central location on Salem Ave near the Ohio 49 connector in the heart of Trotwood, attracting businesses and residents. - Property boasts prime street-front visibility. Easy access. - Positioned to capture customers from more than 700 units in new housing construction nearby and within two miles of the Trotwood Industrial Park's work force. - Directly across from $8M Gordon Foods Grocery anchored shopping center. Next to Greyhound bus station's flow of customers. On corner access drive to new $10M,U1 Flyght Sports Dome Complex. - Area retailers: Home Depot, Loews, Walmart, Dollar General, Pep Boys, Sherwin Williams, Phantom Fireworks, McDonald's, Taco Bell, KFC, White Castle, Marathon Gas, Shell, Chase, 5/3 Bank, KeyBank - Traffic: Approx 18,000 VPD on North Salem Ave. 17,000 VPD on Shiloh Springs.10,500 on SR 49. - Nearby major employers: Stratacache,Technicote, Epix Tube, Westrafo America(coming soon), Golden Gate Industrial Park ( 85 Acres, $52M) within two miles of the site.
NEARBY MAJOR RETAILERS
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5140 Salem Ave
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