Kroger Marketplace Absolute NNN Ground Lease with 15+ Years Remaining in Fairborn, OH (Dayton MSA)
Upscale “Marketplace” Concept with Fuel Station – Larger Format with Enhanced Product Offerings; One of the First “Marketplace” Locations Kroger Rolled Out
Long History of Success at Location – Subject Property is a Relocation from 66,000 SF Kroger Store Next Door
Low Rent Factor – $250,000/Year; Equivalent to $1.85/SF on the 134,976 SF Building GLA
Absolute NNN Ground Lease – Zero Landlord Responsibilities
Kroger is the Top Grocer by Market Share in the Dayton MSA with 21 Locations; Headquartered in Cincinnati Just 50-Minutes from Subject Property
Corporate Guaranty from The Kroger Co. (NYSE: KR); $40B Market Cap & S&P “BBB” Investment-Grade Credit
Kroger Reported $138B Revenue & $1.64B Net Profit in FY2021; #17 on Fortune 500 and #3 Grocer in the U.S.
High-Image, 2017-Built All-Masonry Structure on Large 11.8-Acre Parcel
Original 20-Year Ground Lease with Twelve, Five-Year Renewal Options
Shadowed by 248,000 SF Menards and Recently Redeveloped Former Kroger Box with Planet Fitness, Goodwill, Feeders Supply, and NAPA
Situated as the Gateway to Valle Greene North – 325-Acre Business Park with Retail Restaurant, Hotel, Office, Medical, and Light Industrial Users & Tenants
Located Along E Dayton Yellow Springs Road with 16,225 VPD; Just Off the I-675 Exit Ramps (I-675 Sees 44,011 VPD)
Located Just 3 Miles from 8,000-Acre Wright-Patterson Air Force Base – One of the Largest and Most Important Bases in the Air Force with 47,000 Aircraft Operations Annually
Wright-Patterson is the Largest Single Site Employer in State of Ohio with 30,000+ Employees; $4.2 Billion Annual Economic Impact
Dense Demographics: 33,698 Residents within Three Miles and 74,490 Residents within Five Miles
Dayton MSA – 4th Largest Metro in Ohio Home to a Population of 808,000, 1 Hour to Columbus, 1 Hour to Cincinnati, 1.5 Hours to Indianapolis