100% Occupied, 113,732 SF Hobby Lobby (Lease Exp. June 2029) Anchored Shopping Center in Dayton, OH
Hobby Lobby Sees Over 462,000 Customer Visits Annually – #3 Store in Ohio and Top 7% of Traffic for Hobby Lobby Nationally (Source: Placer.AI, Trailing 12 Months)
Junior Boxes Include Bed Bath & Beyond (Lease Exp. Jan 2025) and American Freight (Lease Exp. June 2024)
Ease of Management: Hobby Lobby Coordinates and Manages Maintenance Items with Exception of Roof and Outer Walls and All Tenants on NNN Leases
New Roof Coating in 2019 ($300k+ Cost)
Offers 13.60% Year 1 Cash-on-Cash Return & 21.75% 10-Year IRR at Proposed Financing Terms
Upside Potential in Partial Outparcel Ground Lease Ownership and Developable Land Adjacent to Shopping Center
Signalized Entrance with Dedicated Signage on Old Troy Pike and ¼ Mile From Intersection with Interstate 70; 101,356 Vehicles Per Day
12 Miles From Wright-Patterson Air Force Base – Largest Single Site Employer in State of Ohio with 30,000+ Employees
Prominent National Tenants in the Vicinity Include Target, Lowe’s, Kohl’s, Big Lots, Burlington, Five Below Dick’s, Marshalls, At Home & Dozens More
Dominant Regional Retail Corridor Serving the North Dayton Trade Area with Strong Middle to Upper Income Demographics: 80,531 Residents in 5-Miles, AHHI of $76,073within 5 Miles