Property Listing No Longer Available for Sale

5116 Salem Avenue, Dayton, OH 45426

Trotwood, OH

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


Property Info

CIMLS#1023335
Location
  5116 Salem Avenue, Dayton, OH 45426
  Trotwood OH 45426
UpdatedOctober 10th, 2019
TypeShopping Center
PriceUpon Request
Building141,616 Sq. Ft.
Land16.85 acres

Property Description

Cedar William 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


Financials