Piqua Retail for Sale - North Dayton
• Drastically Reduced: By Far the Highest CAP Rate Available on Market for New Construction Olive Garden (Publicly-Traded NYSE: DRI (Darden)/S&P “BBB”/Moody’s “Baa2”)
• Corporately Backed, Single-Tenant Location with High-Profile, Investment Grade Tenant: Brand-New Lease with a Full 10 Years of Term Remaining (No Early Termination Rights)
• Brand-New Construction: Opened in January 2026 with Rental Rates Approximately 60% Below Market Comparables!
• Ideal Absolute NNN Lease Structure with No Management Needed, 10% Rental Increase in Year-6, Along with (6) 5-Year Option Periods with Increases
• Unique Ground Lease Structure Allowing for Significant Asset Depreciation
• Redeveloped Oversized (1.53-Acre) Parcel with Adjacent, Brand-New Hampton Inn and Brand-New Chipotle for Continued Increased Foot Traffic
• Ideal Demographics with Average Household Incomes of Approx. $80,000 (5 Mile Radius) in a Growing Residential Community with Emerging Employers, Commuter Traffic and Strategic Location Equidistant from Both Major Cities, Cincinnati and Columbus, Ohio
• Strong Tenancy: Backed by Darden with Over 2,165 Restaurants and Revenue of $11.8 Billion
• Positioned with Excellent Access and Visibility Along Piqua’s Main Roadway (US 36) and Directly Adjacent to Major Highway I-75, with Over 76,000 VPD Surrounding the Property
• Latest Olive Garden “Prototype Look” Including Highly Visible Pylon Signage
• Sits Across from Kettering Health Piqua, Premier Health Women’s Center, Numerous Other Medical Offices, Insurance Agencies, Social Security Administration and Board of Education Office Drawing Traffic to the Corridor
• Largest Single Site Employer in Ohio: Home to Wright-Patterson Air Force Base with 30,000 Airmen, Civilian and Contractor Employees
• Direct Vicinity of Home Depot/Miami Valley Crossing Shopping Center and Walmart Supercenter in Main Retail Corridor Surrounded by Loads of Other Complimentary Retailers
• Dayton Rated #3 City in the Nation Out of the Top 50 Cities in the United States by HealthGrades for “Excellence in Health Care,” Site Selection Magazine Ranked Dayton the “#1 Medium Sized MSA in the U.S. for Economic Development” and According to Bloomberg Businessweek, “Dayton is One of the Best Places in the U.S. for College Graduates to Find a Job”
• Direct Vicinity of Large Population Base: Over One Million People in the Greater Dayton Area and Only 22 Miles to Dayton International Airport
