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3137-3145 Salem Ave
Dayton, OH 45406

$1,610,994 USD

Storefront For Sale  •  10,226 SF

Property Details

• Property Type Storefront
• Total Building Size 7,600 SF
• Lot Size 0.41 AC
• Building Class C
• Year Built 1945
• Cap Rate 8.75 %
• Tenancy Multiple

0 Transit Score

56 Walk Score

Highlights

UPSIDE THROUGH ADDITIONAL RENT: There is a billboard generating $1,500/YR which has not been taken into consideration in our pricing.

HIGH-YIELDING INVESTMENT: The property is being offered at a Year-1 in-place cap rate of 8.75%.

LONG-TERM LEASE: There are over 7.5 years remaining on the base term of the lease, providing stability and security for investors.

LIMITED COMPETITION: The nearest competing dispensary is approximately 4 miles away.

Ohio stands out as one of the most attractive cannabis markets in the nation, with medical marijuana sales exceeding $2 billion.

Cap Rate:

8.75 %

Amenities

• Bus Line
• Signalized Intersection

Public Transportation

Airport	Drive	Walk	Distance
James M Cox Dayton International	19 min	-	9.5 mi

Parking Details

Parking Available:	Yes
Reserved:	No
Spaces Provided:	13
Type:	Surface
Included in Rent:	Yes