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3137-3145 Salem Ave
Dayton, OH 45406 Fairview

$1,150,000 USD

Storefront For Sale  •  7,600 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 10.84 %
• Tenancy Multiple

0 Transit Score

58 Walk Score

Highlights

Value-Add Potential: One unit is currently vacant, offering immediate upside through lease-up and a clear path to enhance net operating income.

Attractive Yield: Offered at an in-place Year 1 cap rate of 10.84%, presenting a compelling return profile for investors.

Passive Income Stream: The anchor tenant occupies approximately 86% of the rentable area under a triple-net (NNN) lease

Established Cannabis Market: Ohio ranks among the nation’s leading cannabis markets, with medical marijuana sales exceeding $2.2 billion

Limited Direct Competition: The nearest competing dispensary is located approximately four miles away

Tenant Commitment: Cannabis tenants face high relocation barriers due to strict state zoning regulations

Cap Rate:

10.84 %

Major Tenants

Tenant	SF Occupied	Lease End Date
Cricket
Off The Charts
Prevailing Taste Style Hse

Amenities

• Signalized Intersection
• Storage Space
• Air Conditioning
• Smoke Detector

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