Dayton, OH - Petland

Description:

• The subject property has 2 parcels, the first parcel is commercial (2702 S Smithville) and the second parcel is Residential (2714 S Smithville). So, the buyer has provision of building a home adjacent or can sell the parcel off
• The tenant, Petland, Inc., recently exercised a 5-year lease renewal, demonstrating their long-term commitment to the location
• One (1) additional 5-year renewal option remains, featuring a flat $1 PSF annual rental increase, supporting future income growth and providing a built-in inflation hedge

• Located near key institutions including Oakwood Jr./Sr. High, Belmont High, and the University of Dayton, a nationally recognized private research university with over 11,000 students
• This proximity drives consumer traffic and supports tenant performance through weekday demand from students, faculty and staff
• The asset benefits from strong frontage on S Smithville Rd (15,200 VPD), a major local thoroughfare offering strong daily exposure
• Centrally located between I-675 (81,600 VPD) and I-75 (133,000 VPD), providing excellent regional connectivity and accessibility
• High visibility and access from major roadways enhance customer convenience and drive consistent retail traffic

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Listing ID: a28TP000001osO1YAI