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College Station | Beavercreek, OH 3800 Colonel Glenn Hwy 14,430 SF 100% Leased Retail Building Fairborn, OH 45324 $4,390,000 ($304.23/SF) 6.65% Cap Rate

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Investment Highlights

  • 100% Occupied, 14,431 Square-Foot Meijer Shadow-Anchored Retail Center
  • Meijer Shadow-Anchored Property: Top Regional Grocer: Meijer Is One of the Largest Grocers in the Midwest, Generating $22 Billion in Annual
  • High-Traffic Location: This Meijer Location Benefits From Being Wright State University’s Closing Grocer, Recording 1.6 Million Visits Per Year
  • Notable Existing National and Regional Tenants Include: Starbucks, Penn Station (Drive-Thru), Great Clips, Hot Head Burrito’s, and Insomnia Cookies
  • Revenue With 70,000+ Employees
  • Proximity to High-Volume Demand Drivers: Major University Adjacent: Located Directly Across From Wright State University (12,000+ Students)

Executive Summary

Meijer Shadow-Anchored | 100% Occupied Retail Center | Excellent Visibility in High-Traffic Corridor

Property Facts

Sale Type
Investment
Property Type
Retail
Property Subtype
Freestanding
Building Size
14,430 SF
Building Class
B
Year Built
2005
Price
$4,390,000
Price Per SF
$304.23
Cap Rate
6.65%
NOI
$291,935
Percent Leased
100%
Tenancy
Multiple
Building Height
1 Story
Building FAR
0.19
Lot Size
1.73 AC
Zoning
commercial
Frontage
197’ on Presidential Blvd

Amenities

  • Signage

Major Tenants

  • Tenant
  • Industry
  • SF Occupied
  • Rent/SF
  • Lease Type
  • Lease End
  • Services
  • -
  • -
  • Triple Net
  • Sep 2023

Great Clips is a hair salon franchisor established in 1982 in Minnesota. The company began with its first salon near the University of Minnesota before expanding through franchising in 1983. Over the decades, Great Clips has grown into one of North America’s largest hair salon brands, operating thousands of franchised locations across the United States and Canada. Its business model centers on walk-in haircut services supported by operational tools such as Online Check-In and Clip Notes, which help streamline customer wait times and maintain service consistency.

  • Accommodation and Food Services
  • -
  • $20.00
  • Triple Net
  • Feb 2020

Hot Head Burritos is a privately held fast-casual restaurant chain founded in 2007 and headquartered near Dayton, Ohio. Its customizable Mexican-style menu features burritos, bowls, tacos, quesadillas, nachos, and kids’ meals, all crafted with bold, fresh ingredients and a variety of signature sauces. Operating through a franchise model, the company supports franchisees with training, operations, and technology tools. As an Employee Stock Ownership Plan (ESOP) company, Hot Head Burritos emphasizes franchise partner collaboration and local community engagement. It has earned recognition on Fast Casual’s “Top 100 Movers & Shakers” list and achieved national praise for its brand growth. With a footprint spanning multiple states, the brand continues expanding through franchise opportunities while maintaining its focus on fresh, personalized menu offerings.

  • Accommodation and Food Services
  • -
  • $24.00
  • Triple Net
  • Sep 2034

Insomnia Cookies was founded in 2002–03 by Seth Berkowitz (and Jared Barnett) while students at the University of Pennsylvania, commencing delivery from a dorm room. The first retail bakery opened in 2003 in Syracuse, NY, and growth accelerated—exceeding 100 locations by 2016, 200 by 2021, and over 350 by late 2025. Originally majority-owned by Krispy Kreme (JAB) in 2018, a 2024 transaction transferred control to Verlinvest and Mistral Equity Partners. Headquartered in Philadelphia with additional offices including New York and Newtown Square, PA, the privately held company has around 1,700–1,800 employees. Notable milestones include the 2021 opening of the CookieLab concept, late-night delivery until 3 a.m., and partnerships such as “Official Cookie” for New York Knicks and airport locations. With a target of 1,800 bakeries over the next decade, the brand remains focused on growth through omni-channel retail, transit venues, and global markets.

  • Accommodation and Food Services
  • -
  • -
  • -
  • Feb 2017

Penn Station's origins can be traced back to Jeff Osterfeld's first venture in 1983 as owner/operator of "Jeffrey's Delicatessen" in the Dayton Mall in Dayton, Ohio. It was here that the roots of the "ownership mentality" began to form for the founder and Chief Executive Officer of Penn Station, Inc. Jeff saw first-hand the impact his presence in the store had on product quality, customer service and sales. On a trip to Philadelphia, Jeff was particularly attracted by the popularity of the cheesesteak sandwich. This trip prompted an addition to the deli's menu of a variation of the Philadelphia cheesesteak sandwich he had sampled on the south side of Philly. This sandwich became an instant hit with customers. Jeff took his innovative ideas on quick service dining to downtown Cincinnati where he opened his first Penn Station® Restaurant in 1985.

  • Samicci's of New York
  • -
  • -
  • $24.00
  • Triple Net
  • Jan 2029
  • Accommodation and Food Services
  • -
  • -
  • -
  • Aug 2016

Starbucks Coffee Company is a multinational coffeehouse operator headquartered in Seattle, Washington. The company was founded in 1971 by Jerry Baldwin, Zev Siegl, and Gordon Bowker, initially operating as a retailer of roasted coffee beans and equipment in Seattle’s Pike Place Market. Starbucks later expanded into a café-based model emphasizing handcrafted beverages and in-store customer experience, evolving into one of the most recognizable food and beverage brands worldwide. Starbucks operates through a mix of company-operated and licensed stores, selling coffee, tea, espresso-based beverages, and complementary food items.

Tenant Industry SF Occupied Rent/SF Lease Type Lease End
Services - - Triple Net Sep 2023
Accommodation and Food Services - $20.00 Triple Net Feb 2020
Accommodation and Food Services - $24.00 Triple Net Sep 2034
Accommodation and Food Services - - - Feb 2017
Samicci's of New York - - $24.00 Triple Net Jan 2029
Accommodation and Food Services - - - Aug 2016

Nearby Major Retailers

Nathan's Famous-delivery Only
Denny's
Mcalister's Deli
First Watch
Bob Evans Restaurants
Texas Roadhouse
BJ's Restaurant & Brewhouse
Chuy's
Mackenzie River
Five Guys

Property Taxes

Property Taxes

Parcel Number
B42-0001-0009-0-0118-00
Land Assessment
$259,960
Improvements Assessment
$322,990
Total Assessment
$582,950
  • Listing ID: 39354630

  • Date on Market: 2/6/2026

  • Last Updated:

  • Address: 3800 Colonel Glenn Hwy, Fairborn, OH 45324

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