5116 Salem Avenue, Dayton, OH 45426

Dayton, OH

Shopping Center for Sale - 141,616 Sq. Ft. on 16.85 acres

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Agent Info

Namesteve koutsantonis

Property Info

CIMLS #1023335
Location5116 Salem Avenue, Dayton, OH 45426
Dayton OH 45426
Last UpdatedFebruary 26th, 2019
TypeShopping Center
Building141,616 Sq. Ft.
Land16.85 acres
DemographicsView data


Property Description

Hakimi Capital is proud to present Salem Plaza in Dayton, Ohio. This 141,616 square foot shopping center is 80 percent occupied, with Burlington Coat Factory occupying 70 percent of the gross leasable area in their 99,294 square foot space. Burlington Coat Factory is leased through 2019 with rent increases in each of four,five-year options. Dollar General has been in place since 2000, occupies 10 percent of the GLA, and is leased through 2020.

This property is in an area with great demographics. There are 50,076 people living within three miles and 125,163 residing within five miles. Salem Avenue draws 20,299 vehicles per day and Shiloh Springs Road sees 13,399 vehicles per day. The center is located a half-mile from Highway 49, where 17,800 vehicles pass by each day. In a three-mile radius, the average household income is $54,612. Across the street is a plaza that includes Big Lots, Jo-Ann Fabrics, and Shoe Carnival. Some other nearby retailers are Target,Home Depot, Office Depot, and Lowe's