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438 Salem Ave 664 SF of Retail Space Available in Dayton, OH 45406

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HIGHLIGHTS

  • Prime corner location at Salem Avenue and Grand Avenue with excellent visibility
  • Surrounded by established businesses, generating steady customer activity
  • Convenient access to major roadways for local and commuter traffic
  • High daily traffic counts, ideal for retail, dining, or service-oriented uses
  • Close proximity to downtown Dayton and nearby residential neighborhoods
  • Versatile layout adaptable to a variety of business types

SPACE AVAILABILITY (1)

Display Rental Rate as

  • SPACE
  • SIZE
  • TERM
  • RENTAL RATE
  • RENT TYPE
  • 1st Floor
  • 664 SF
  • Negotiable
  • Upon Request Upon Request Upon Request Upon Request
  • TBD
Space Use
Retail
Condition
Full Build-Out
Availability
October 01, 2026

438 Salem Ave & Grand Ave – Dayton, OH Prime corner commercial property at the intersection of Salem Avenue and Grand Avenue, offering outstanding visibility and high traffic counts. This strategic location provides maximum exposure to both commuter and neighborhood traffic, making it ideal for a wide variety of business uses. The site is surrounded by established retail, dining, and service-oriented businesses, ensuring steady consumer activity. Its proximity to residential neighborhoods, downtown Dayton, and major roadways makes it highly accessible for both customers and employees. With its versatile layout and high-profile location, 438 Salem Ave & Grand Ave presents an excellent opportunity for retail, dining, office, or service-based operations seeking a strong position in Dayton’s market.

  • Fully Built-Out as a Fast Food Restaurant
  • Prime corner location
  • High daily traffic counts
  • Surrounded by established businesses
  • Close proximity to downtown Dayton
  • Convenient access to major roadways
  • Versatile layout
Space Size Term Rental Rate Rent Type
1st Floor 664 SF Negotiable Upon Request Upon Request Upon Request Upon Request TBD

1st Floor

Size
664 SF
Term
Negotiable
Rental Rate
Upon Request Upon Request Upon Request Upon Request
Rent Type
TBD
Space Use
Retail
Condition
Full Build-Out
Availability
October 01, 2026

438 Salem Ave & Grand Ave – Dayton, OH Prime corner commercial property at the intersection of Salem Avenue and Grand Avenue, offering outstanding visibility and high traffic counts. This strategic location provides maximum exposure to both commuter and neighborhood traffic, making it ideal for a wide variety of business uses. The site is surrounded by established retail, dining, and service-oriented businesses, ensuring steady consumer activity. Its proximity to residential neighborhoods, downtown Dayton, and major roadways makes it highly accessible for both customers and employees. With its versatile layout and high-profile location, 438 Salem Ave & Grand Ave presents an excellent opportunity for retail, dining, office, or service-based operations seeking a strong position in Dayton’s market.

  • Fully Built-Out as a Fast Food Restaurant
  • Prime corner location
  • High daily traffic counts
  • Surrounded by established businesses
  • Close proximity to downtown Dayton
  • Convenient access to major roadways
  • Versatile layout

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.

SELECT TENANTS AT 438 SALEM AVE, DAYTON, OH 45406

  • TENANT
  • DESCRIPTION
  • US LOCATIONS
  • REACH
  • Rally's
  • Fast-food
  • 358
  • National
TENANT DESCRIPTION US LOCATIONS REACH
Rally's Fast-food 358 National

PROPERTY FACTS

Total Space Available 664 SF
Property Type Retail
Property Subtype Fast Food
Gross Leasable Area 664 SF
Year Built 1988
Parking Ratio 10/1,000 SF
Cross Streets Grand Avenue

ABOUT THE PROPERTY

438 Salem Ave & Grand Ave – Dayton, OH Prime corner commercial property at the intersection of Salem Avenue and Grand Avenue, offering outstanding visibility and high traffic counts. This strategic location provides maximum exposure to both commuter and neighborhood traffic, making it ideal for a wide variety of business uses. The site is surrounded by established retail, dining, and service-oriented businesses, ensuring steady consumer activity. Its proximity to residential neighborhoods, downtown Dayton, and major roadways makes it highly accessible for both customers and employees. With its versatile layout and high-profile location, 438 Salem Ave & Grand Ave presents an excellent opportunity for retail, dining, office, or service-based operations seeking a strong position in Dayton’s market.

  • Bus Line
  • Signalized Intersection
  • Drive Thru

NEARBY MAJOR RETAILERS

Save Mart
YMCA
Chase Bank
Columbia Bank
KeyBank
Starbucks
  • Listing ID: 37443544

  • Date on Market: 8/27/2025

  • Last Updated:

  • Address: 438 Salem Ave, Dayton, OH 45406

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