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Retail | Office | Medical | 1031 Exchange 9685-9725 Dayton Lebanon Pike 7,945 SF 24% Leased Retail Building Dayton, OH 45458 $1,300,000 ($163.62/SF)
Investment Highlights
- Centerville Retail Investment | Edward Jones Anchor + 6,445 SF Value-Add Upside
- Suitable for medical, dental, professional services, wellness, salon suites, or appointment-based destination users
- ±7,945 SF total building constructed in 2005, single-story, well-maintained multi-tenant retail asset
- 1031 exchange-eligible income-producing asset with verified credit-tenant income in place
Executive Summary
Edward Jones (Branch #56257) occupies ±1,500 SF under a verified lease through December 31, 2027, providing immediate national credit-tenant income in place. Edward Jones has been a continuous tenant since 2008, with three executed lease extensions reflecting their long-term commitment to the location. One additional 5-year renewal option remains at Fair Market Rental.
The 6,445 SF availability represents meaningful value-add upside. The space is positioned for a wide range of destination, appointment-based users — including medical, dental, professional services, fitness studio, wellness, salon suites, and veterinary uses — supported by a fenced outdoor area and ample dedicated parking. Asking lease rate on the availability is $18.00/SF/YR, comparable to and competitive with corridor market rates.
Trade area demographics include $135,929 average household income within a 5-mile radius, anchoring one of the Dayton MSA's most affluent submarkets. The Centerville/Washington Township corridor benefits from established national and regional co-tenancy, stable submarket vacancy rates, and limited new retail construction.
Offered at $1,300,000. Ideal for value-add investors, 1031 exchange buyers, and owner-users seeking a credit-tenant-anchored asset with substantial lease-up upside.
Contact Pat Williams, Vice President, Coldwell Banker Commercial | Heritage at 937.360.9952 or patrick.williams@cbcommercial-heritage.com for the full Offering Memorandum, financials, and to schedule a tour.
Property Facts
Major Tenants
- Tenant
- Industry
- SF Occupied
- Rent/SF
- Lease End
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- Finance and Insurance
- -
- -
- -
Edward Jones began in 1922 when Edward D. Jones Sr. established the firm in St. Louis, and the business later developed a branch-office model that became central to its growth. Edward Jones operates as a dually registered broker-dealer and investment adviser, serving individual investors and small businesses through a wide network of financial advisors. The company offers investment accounts, managed solutions, retirement guidance, education savings support, financial planning, insurance, annuities, and wealth strategies. Edward Jones maintains a significant presence across the United States and Canada while emphasizing long-term client relationships and personalized financial guidance.
| Tenant | Industry | SF Occupied | Rent/SF | Lease End | ||
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Finance and Insurance | - | - | - |
Space Availability
- Space
- Size
- Space Use
- Position
- Available
Class A Adaptive-Use Space for Lease | 6,000 SF 9725 Dayton–Lebanon Pike | Washington Township 45458 Position your business in a high-visibility, Class A facility along the Dayton–Lebanon Pike corridor—formerly home to The Goddard School—now offered as a flexible ±6,000 SF lease opportunity with multiple permitted uses. This thoughtfully designed property blends professional finish with functional utility, featuring on-site storage with a roll-up door, ideal for businesses that need both polished client-facing space and light distribution or staging capability. Property Highlights 6,000 SF Class A space Adaptive reuse potential (office, medical, training/education, service, showroom, and more) Dedicated storage area with roll-up door High traffic counts & outstanding corridor visibility Convenient access to I-675, I-75, and I-70 Located in a strong Washington Township demographic, surrounded by retail, residential, and professional services Ideal For Medical or wellness users Professional or corporate offices Training centers or educational uses Specialty retail or showroom concepts Service-based businesses needing indoor storage Turnkey. Flexible. Highly visible. Opportunities like this—combining Class A presentation with functional infrastructure—are rarely available in Washington Township. For leasing details or a private tour, contact: Pat Williams Coldwell Banker Commercial | Heritage 937.360.9952 | patrick.williams@cbcommercial-heritage.com
| Space | Size | Space Use | Position | Available |
| 1st Floor | 6,000 SF | Retail | End Cap | Now |
1st Floor
| Size |
| 6,000 SF |
| Space Use |
| Retail |
| Position |
| End Cap |
| Available |
| Now |
1st Floor
| Size | 6,000 SF |
| Space Use | Retail |
| Position | End Cap |
| Available | Now |
Class A Adaptive-Use Space for Lease | 6,000 SF 9725 Dayton–Lebanon Pike | Washington Township 45458 Position your business in a high-visibility, Class A facility along the Dayton–Lebanon Pike corridor—formerly home to The Goddard School—now offered as a flexible ±6,000 SF lease opportunity with multiple permitted uses. This thoughtfully designed property blends professional finish with functional utility, featuring on-site storage with a roll-up door, ideal for businesses that need both polished client-facing space and light distribution or staging capability. Property Highlights 6,000 SF Class A space Adaptive reuse potential (office, medical, training/education, service, showroom, and more) Dedicated storage area with roll-up door High traffic counts & outstanding corridor visibility Convenient access to I-675, I-75, and I-70 Located in a strong Washington Township demographic, surrounded by retail, residential, and professional services Ideal For Medical or wellness users Professional or corporate offices Training centers or educational uses Specialty retail or showroom concepts Service-based businesses needing indoor storage Turnkey. Flexible. Highly visible. Opportunities like this—combining Class A presentation with functional infrastructure—are rarely available in Washington Township. For leasing details or a private tour, contact: Pat Williams Coldwell Banker Commercial | Heritage 937.360.9952 | patrick.williams@cbcommercial-heritage.com
Nearby Major Retailers
Property Taxes
| Parcel Number | O68-01820-0006 | Improvements Assessment | $155,020 |
| Land Assessment | $32,120 | Total Assessment | $187,140 |
Property Taxes
Contact the Sale Advisor
Retail | Office | Medical | 1031 Exchange | 9685-9725 Dayton Lebanon Pike