1905 Wayne Ave
Dayton, OH 45410
Dollar Tree - Dayton, OH · Retail Property For Sale

Marcus & Millichap is pleased to present this single tenant Dollar Tree property located in Dayton, Ohio. This is a 10,168 square foot building where the lease is corporately guaranteed by Dollar Tree, which has an investment grade “BB+” Credit Rating by Standard & Poor’s. The lease is double net, therefore the landlord is responsible for the roof, structural components of the building and repairs or replacement of the parking lot, while the tenant reimburses for taxes, insurance and CAM, including a 10% administrative fee. The tenant pays a monthly contribution towards taxes and insurance. There are $.50 per square foot rent increases every five years including each of the two, five-year options. The building is a former drug store that was completely remodeled due to a fire in 2017 including roof, HVAC and new storefront. Dollar Tree has operated at this location since 2001. Two blocks south are the headquarters and flagship store of Dayton-based Esther Price Candies. Esther Price expanded their production facility in 2018 by nearly 50%, a reflection of the urban renewal in this community. Also nearby are Kroger, Walgreens, Wendy’s and Dollar General. Less than one mile west from Dollar Tree is the University of Dayton (enrollment: 11,000).