1142 N Main St
Dayton, OH 45405
Retail Property For Sale

Freestanding Family Dollar Early Lease Extension Marcus & Millichap is pleased to bring to market Family Dollar in Dayton, Ohio. The subject property measures 9,589 square feet and is situated on 0.53 acres of land in Downtown Dayton. Family Dollar is leased on modified gross terms through 2024, with eight and a half years remaining on their current lease. In 2014, Family Dollar exercised their next two five-year extensions, showing strong commitment to the location. As a modified gross lease, the landlord is responsible for roof and structure. The landlord is also responsible for real estate taxes for the base year 1999, with the tenant reimbursing landlord for any real estate taxes in excess of base year 1999. The tenant is responsible for all common area maintenance, and each party carries their own insurance policies, with the tenant reimbursing the landlord for any increase to landlord's property insurance policy. The property is located on the northeast corner of the signalized intersection of Main Street and Helena Street. Main Street has a direct access interchange with Interstate 75 approximately one-half mile south of the property. Interstate 75 has traffic counts in excess of 118,000 vehicles per day. Downtown Dayton is home to Fifth Third Field, home field of the Dayton Dragons (Cincinnati Reds minor league affiliate team). Dayton is also home to Sinclair Community College which has an enrollment of over 28,000 students. The property is located less than one-half mile from Grandview Medical Center hospital which has 427 certified beds and over 1,200 employees. Located in a dense infill area, there are 10,883 residents within one mile and 202,679 residents living within five miles of the property.