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NNN Retail Investment Opportunity
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105 N Springboro Pike, Dayton, OH 45449

NNN retail property with strong tenant and high traffic.

Property Size3,889 SF
Price / SF$457.70
Days on Market148

Property Features for 105 N Springboro Pike

General Information

Standard status Active
Size 3,889 SF
Property subtype Retail
Occupancy 100%
Lease Type Absolute Net
Investment Type Net Lease
Net Operating Income $115,083

Building Details

Year Built 1989
Tenancy Single
Listing Agency: Kidder Matthews
Listed By: Calvin Lee · License #CA 01210501
Source: Crexi
Added: Mar 18 Changed: Aug 8 Last Checked: Aug 12 at 7:36AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Kidder Matthews

Investment Insights

Based on property information with market context.

This NNN retail investment offers a 6.47% cap rate. The lease is guaranteed by RMH Franchise Holdings, Inc., a major Applebee’s franchise operator with 131 locations across 14 states. The property benefits from visibility and accessibility along N. Springboro Pike, a heavily traveled retail artery with approximately 31,049 vehicles per day. It serves the Dayton Mall trade area and surrounding national retail and restaurant concentration. The immediate consumer base includes approximately 66,545 residents within a 3-mile radius and 30,544 households. The estimated 2024 average household income is $100,631, supporting consistent traffic and long-term demand for casual dining in this corridor. The property contains 3,889 square feet. This asset offers a combination of yield, brand recognition, guarantor support, and passive absolute-net lease terms, suited for buyers seeking dependable income with minimal landlord responsibilities.

Key Highlights

  • Attractive 6.47% Cap Rate
  • NNN Lease Guaranteed by RMH Franchise Holdings, Inc. (Major Applebee’s Franchise Operator with 131 Locations)
  • High Traffic Location: Approximately 31,049 Vehicles Per Day on N. Springboro Pike

Property Analytics

Current Use

Applebee's Grill + Bar Restaurant

Suggested Use

Top Pick Real Estate Agency Law Firm Building Supply Storage Facility Electrical Service Parking Lot & Garage

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

987
Businesses Nearby

Demographics for 45449, OH

18,976
Population
8,859
Households
2.1
Avg Household Size
40
Median Age
24%
College-Educated
92%
High-School Grad
6.8 sq mi
ZIP Area
2,791
Density / Sq Mi
$60,303
Median Household Income
$41,613
Median Earnings
$984
Median Rent
$147,700
Median Home Value

Market

Vacancy Rate% for Retail in Dayton, OH

9.8% 2020
8.5% 2021
6.3% 2022
5% 2023
6.2% 2024
7.6% 2025
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Frequently Asked Questions

What type of property is this?
NNN property - NNN retail property with strong tenant and high traffic.
Where is this nnn property located?
The property is located at 105 N Springboro Pike Dayton, OH.
What is the asking price?
The asking price for this property is $1,780,000.
What are key features of this property?
This property features: Attractive 6.47% Cap Rate; NNN Lease Guaranteed by RMH Franchise Holdings, Inc. (Major Applebee’s Franchise Operator with 131 Locations); High Traffic Location: Approximately 31,049 Vehicles Per Day on N. Springboro Pike
More about this property
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