1555 Wayne Ave Local commercial 2 671 m² À vendre Dayton, OH 45410 2 663 736 € (997,36 €/m²) Taux de capitalisation 6,80 %

1555 Wayne Avenue presents the opportunity to acquire a single-tenant grocery retail investment occupied by Kroger, one of the nation's largest supermarket operators. The property has maintained continuous grocery occupancy for approximately 67 years under Kroger's tenancy, creating a long-established operating history within the surrounding Dayton community. The asset benefits from a recently extended lease structure that provides additional term stability and long-term occupancy visibility.
The lease has been modified to create a streamlined ownership structure in which the tenant is responsible for property taxes and day-to-day maintenance obligations, while ownership responsibility is limited to the roof and exterior walls. The property also benefits from a new roof installed in 2024 with a transferable warranty. The current lease extension eliminates percentage-rent provisions and simplifies administration, supporting predictable ownership operations.
Located along Wayne Avenue approximately one mile from the University of Dayton, the property serves an established infill neighborhood and is positioned within a transit-served corridor. Its location as the closest full-service grocery store to many surrounding residents supports ongoing consumer relevance and consistent neighborhood demand.
The lease term has been extended through June 30, 2031, with six additional five-year option periods available, providing potential occupancy visibility through June 30, 2061 if all options are exercised. This combination of long-term tenancy history, lease extension, and established neighborhood presence offers investors an opportunity to acquire a stabilized retail asset in a well-known Dayton location.
Call Roy G. Meierdiercks for additional information: 513-264-6031 (CELL ONLY)